Presyo sa gasolina
South Korea's consumer prices rise 2.2% in March amid surging oil prices
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South Korea's consumer prices rose 2.2 percent in March from a year earlier, government data showed Thursday. The increase, exceeding the government's 2 percent inflation target, was mainly driven by a surge in global oil prices due to prolonged Middle East tensions. It marks the steepest rise since December's 2.3 percent, according to the Ministry of Data and Statistics.
German Finance Minister Lars Klingbeil, along with counterparts from Spain, Portugal, Austria and Italy, has urged the EU Commission to examine a windfall profits tax on oil companies. The letter cites high fuel prices due to the Iran war. The measure would supplement national initiatives.
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The Korean won opened at 1,519.9 per U.S. dollar in Seoul on Tuesday, hitting its weakest level in 17 years. Fears of global oil supply disruptions grew due to the escalating Middle East conflict. The KOSPI index also opened nearly 3 percent lower.
Naglisod ang mga driver sa motor taxi ug habal-habal sa Cebu City sa pagbaba sa ilang adlawon nga kita tungod sa recent nga pagtaas sa presyo sa gasolina kay sa giingon nga US-Israel war on Iran. Nagpaabot sila og 30 minutos para sa mga pasahero ug nagbayad og dugay nga gasolina, nga nagresulta sa kita nga less than P1,000. Nagplano ang lokal nga kagamhanan og subsidies, apan nagprotesta ang mga transport groups.
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The South Korean won fell sharply past the 1,500-won level against the US dollar on Thursday as global oil prices surged amid escalating Middle East tensions. It opened at 1,505 won per dollar, down 21.9 won from the previous session, breaching the psychologically and technically critical threshold.