Gov't to step up efforts to tame inflation amid renewed Middle East tensions
Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. Finance Minister Koo Yun-cheol made the remarks during a meeting to examine consumer prices with relevant ministries, as renewed tensions between the United States and Iran are feared to lead to yet another disruption in global supply chains. "We will make thorough preparations and stay vigilant, as consumer prices and supply chains could face challenges due to escalating volatility in global oil prices following the renewed tensions in the Middle East," Koo said.
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- ▪Finance Minister Koo Yun-cheol made the remarks during a meeting to examine consumer prices with relevant ministries, as renewed tensions between the United States and Iran are feared to lead to yet another disruption in global supply chain
- ▪"We will make thorough preparations and stay vigilant, as consumer prices and supply chains could face challenges due to escalating volatility in global oil prices following the renewed tensions in the Middle East," Koo said.
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK Gov't to step up efforts to tame inflation amid renewed Middle East tensions Kang Yoon-seung All News 10:06 July 24, 2026 This will let Google show Yonhap news articles that match or are related to your search Add Yonhap as a preferred source on Google SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG By Kang Yoon-seung SEOUL, July 24 (Yonhap) -- South Korea will step up efforts to ease upward pressure on consumer prices amid renewed geopolitical tensions in the Middle East and announce detailed measures to address unfair market practices next month, the finance minister said Friday.
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