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Price at the pump drops below 2,000 won threshold
Gasoline prices dropped under 2,000 won per liter ($4.90 per gallon) for the first time in more than two months as lower government caps and weaker global oil prices reached consumers.
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Even tteokbokki prices are climbing as Iran war drives up food and beverage costs
Higher oil, raw material and exchange-rate costs are driving beverage, meal and snack price increases across Korea.
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Two more Korean vessels clear Strait of Hormuz
The vast majority of the 26 Korea-related vessels that were stranded have now departed, but three ships and 43 Korean crew members have yet to exit the region.
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Eight more Korean-operated vessels exit Strait of Hormuz
A total of 37 Korean sailors were aboard the vessels, with one vessel bound for Korea, according to the Foreign Ministry.