South Korea eyes public driving curbs as oil nears $120, Asia’s First Gulf-War-Level Rationing

South Korea is weighing an extension of driving restrictions to the general public if crude oil prices surpass $120 per barrel, Finance Minister Choo Kyung-ho said on Sunday, a measure that would mark the country’s most severe civilian fuel-rationing step since the 1991 Gulf War as the conflict in Iran ripples through Asian energy markets. […] The post South Korea eyes public driving curbs as oil nears $120, Asia’s First Gulf-War-Level Rationing first appeared on Dailynewsegypt .

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