Oil Refinery Supply Prices Dropped by up to 218 won... but Gas Station Price Cuts Are 'Half the Level'

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Oil refinery supply prices dropped by up to 218 won, but gas station price reductions fell short of even half that amount. Although the government lowered oil refinery supply prices by more than 200 won per liter to curb gasoline prices soaring in the aftermath of the U.S.-Iran war, it has been found that the reduction in retail prices at gas stations fell short of even half that amount.