South Korean officials announce expanded 25% tax cuts on LPG butane amid Middle East crisis.
South Korean officials announce expanded 25% tax cuts on LPG butane amid Middle East crisis.
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韩国政府下月将液化石油气丁烷税收减免扩大至25%

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韩国政府周四宣布,从下月起至6月,将液化石油气丁烷产品的税收减免幅度从10%扩大至25%。此举旨在减轻中东危机引发的国际价格飙升对国内造成的影响。公平贸易委员会计划对反复串通涨价的行为实施更严厉的处罚。

韩国财政经济部做出上述决定,是因为受中东危机影响,国际液化石油气价格上涨预计将从5月份开始在国内显现。本月国际丁烷价格从3月份的每吨540美元跃升至平均每吨800美元,涨幅近50%。丁烷用户多为低收入群体。上月底,政府将汽油税收减免幅度从7%提高至15%,柴油从10%提高至25%,有效期至5月底。一个跨政府检查小组在全国5700多家加油站查处了99起违反石油商业法的案件,其中包括虚假申报和囤积居奇。财政经济部表示,3月份消费者价格通胀率为温和的2.2%,但由于燃油价格上涨,预计4月份将达到2.5%左右或更高。政府将继续采取措施稳定石脑油和尿素等关键工业原材料的供应,以最大限度地减少危机对国内工业的影响。公平贸易委员会表示,将针对反复参与串通涨价的企业推动更严厉的惩罚措施,包括吊销注册和执照,以及停业整顿,特别是在需要审批的建筑和房地产等行业。该委员会正在审查相关制度,包括责令解雇或停职涉案高管、改革诉讼制度以简化受害者赔偿程序,并将过去10年内再次违规者的附加费比例从目前的5年内10%至80%提高至100%。

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President Lula presents fuel tax cut bill to Brazilian Congress amid rising oil prices.
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President Lula's government presented a bill to Congress on April 23, 2026, allowing PIS/Cofins cuts on gasoline, ethanol, diesel, and biodiesel using extraordinary oil revenues. The measure addresses a 61% rise in gasoline import costs driven by the war in Iran, per ANP data. Officials state the cuts will be partial and temporary, possibly for two months.

The Ministry of Petroleum and Natural Gas has ordered all oil refining companies operating in India to maximise the use of propane and butane streams for LPG production. This LPG will be supplied exclusively to domestic consumers through IndianOil, Hindustan Petroleum, and Bharat Petroleum. The directive aims to protect household users amid global fuel supply challenges arising from the ongoing conflict in West Asia.

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The South Korean government is reviewing measures to curb gasoline price surges triggered by escalating Middle East tensions. President Lee Jae Myung criticized unfair price hikes during a Cabinet meeting and directed the consideration of a price ceiling. The Ministry of Trade, Industry and Resources issued a Level 1 alert to prepare for potential energy supply disruptions.

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The Automatic Fuel Pricing Committee raised prices for all fuel categories by 15 to 22 percent at 3 a.m. on Tuesday. This sudden mid-week decision breaks the normal quarterly review pattern, with increases typically issued at the week's end. It followed a meeting where Prime Minister Mostafa Madbuly discussed options with ministers, including Petroleum Minister Karim Badawy, to address a potential energy crisis if the US-Israeli war on Iran persists.

As fuel prices roll back after Middle East-driven hikes, economic managers justified not suspending diesel and gasoline excise taxes, arguing it would mostly aid the wealthy. They highlighted a targeted P10 per liter subsidy for public utility vehicles and suspensions on LPG and kerosene for the vulnerable.

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The government has ordered households in areas with existing piped natural gas (PNG) infrastructure to switch from LPG cylinders to PNG connections within three months of notice, or lose gas refill supplies. The directive addresses mounting pressure on India's LPG imports amid the West Asia conflict. Petroleum ministry joint secretary Sujata Sharma described it as a supply security measure.

 

 

 

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