Gasoline prices in South Korea have risen for the tenth consecutive week,... en route to a near five-month record high.
According to data from the Korea National Oil Corporation,... fuel prices at gas pumps nationwide... averaged about one-point-two-four U.S. dollars per liter during the fourth week of April,... the highest since the second week of December.
Gas prices continue trend upwards... following Washington's announcement on April 22nd that eight countries including South Korea,... won't be granted an extension to the sanctions waiver on Iranian oil imports.