South Korea will keep the current fuel-tax cuts in place through November 30, preserving a 15% reduction on gasoline and 25% on diesel. The extension keeps gasoline fuel tax at 698 won per liter and diesel at 436 won per liter.
The measure gives drivers two more months of relief before any return toward normal tax rates. If the cut were fully reversed, gasoline prices would rise by about 40 won per liter under the figures cited in the current plan.