SEOUL, April 17 (Bernama-Yonhap) -- The average price of petrol in South Korea reached 2,000 won (US$1.35) per litre for the first time in three years and nine months Friday, amid developments surrounding United States (US)–Iran peace talks, Yonhap News Agency reported.
According to Opinet, a website operated by the Korea National Oil Corp., the nationwide average retail petrol price had reached 2,000 won per litre as of 7 pm (local time), up 0.9 won from the previous day.
This marks the first time the national average has reached the threshold since July 20, 2022, when prices surged amid the Russia-Ukraine war.
In Seoul, the average petrol price had already exceeded 2,000 won on April 7 and rose further to 2,030.6 won (US$1.37) on Friday, up 1.9 won from the previous day.
US President Donald Trump painted a bright picture for another round of possible peace negotiations with Iran on the weekend, while Israel and Lebanon announced a 10-day ceasefire.
-- BERNAMA-YONHAP
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