Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at Seoul Mannam Plaza Discount Gas Station, known as one of the cheapest places, vehicles are lined up for refueling. Photo by Dongju Yoon doso7@

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at Seoul Mannam Plaza Discount Gas Station, known as one of the cheapest places, vehicles are lined up for refueling. Photo by Dongju Yoon doso7@

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Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at one of the cheapest places, Seoul Mannam Plaza Discount Gas Station, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at one of the cheapest places, Seoul Mannam Plaza Discount Gas Station, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

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Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at one of the cheapest places, Seoul Mannam Plaza Discount Gas Station, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at one of the cheapest places, Seoul Mannam Plaza Discount Gas Station, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

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[Photo] Vehicles Gathered at the Lowest Price Gas Stations View original image

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at Seoul Mannam Plaza Discount Gas Station, known as one of the cheapest places, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at Seoul Mannam Plaza Discount Gas Station, known as one of the cheapest places, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

View original image

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at one of the cheapest places, Seoul Mannam Plaza Discount Gas Station, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, at one of the cheapest places, Seoul Mannam Plaza Discount Gas Station, vehicles are lined up in long queues to refuel. Photo by Dongju Yoon doso7@

View original image

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, vehicles are lined up in long queues to refuel at the Seoul Mannam Plaza Discount Gas Station, known as one of the cheapest places in the city. Photo by Dongju Yoon doso7@

Due to Russia's invasion of Ukraine, international oil prices surpassed $100 per barrel on the 27th. In Seoul, vehicles are lined up in long queues to refuel at the Seoul Mannam Plaza Discount Gas Station, known as one of the cheapest places in the city. Photo by Dongju Yoon doso7@

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[Asia Economy Reporter Yoon Dong-joo] On the 27th, when international oil prices surpassed $100 per barrel due to Russia's invasion of Ukraine, vehicles lined up at Seoul Mannam Square Discount Gas Station, known as one of the cheapest places in Seoul, to refuel.


Gasoline prices nationwide reached an average of 1,749.93 KRW per liter, with Seoul and Jeju exceeding 1,800 KRW per liter.



Domestic gasoline prices are expected to remain high for the time being due to the impact of Russia's invasion of Ukraine. In particular, there are concerns that if the situation prolongs, domestic gasoline prices could potentially surpass the 2,000 KRW per liter mark. The government is considering extending the fuel tax reduction measures to mitigate the shock of rising oil prices.


This content was produced with the assistance of AI translation services.

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