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Prosecutors Raid 4 Major Refiners over Alleged Oil Price Fixing

Summary by The Korea Times
Prosecutors on Monday raided four major domestic refiners over allegations of oil price fixing amid rising gas prices sparked by the Middle East co...

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Prosecutors Raid Four Major Oil Refinery on Alleged Price-Collusion Suspected On the 23rd, the prosecution launched a forced investigation into oil refineries suspected of engaging in oil price-fixing. Na Hee-seok, Deputy Chief of the Fair Trade Investigation Division at the Seoul Central District Prosecutors' Office, began the seizure of SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank starting at 9 a.m.

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조선일보 broke the news in on Monday, March 23, 2026.
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