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South Korea President Says Economy on 'Wartime Footing' over Iran War

Lee Jae Myung urged households to cut fuel use as Seoul proposed a 26.2 trillion won stimulus and price caps to blunt soaring oil costs.

The South Korean government has proposed a US$17.2 billion supplementary budget to tackle the crisis.
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South Korea president says economy on 'wartime footing' over Iran war

The South Korean government has proposed a US$17.2 billion supplementary budget to tackle the crisis.

·Singapore
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The Independent broke the news in London, United Kingdom on Wednesday, April 1, 2026.
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