
South Korea is set to impose its first fuel price cap in about 30 years as crude oil trades above $100 a barrel. The measure responds to global jitters and spiraling energy costs, signaling government intervention to curb rapid rises in fuel prices.

South Korea is set to impose its first fuel price cap in about 30 years as crude oil trades above $100 a barrel. The measure responds to global jitters and spiraling energy costs, signaling government intervention to curb rapid rises in fuel prices.