The Korea Herald
AsiaPac · 11 mins ago
Prosecutors indict 4 major refiners in W26tr price-fixing case after US-Iran war outbreak
Prosecutors said Monday they have indicted four major domestic refiners in a 26 trillion-won ($17 billion) price-fixing case following the outbreak of the US-Iran war earlier this year. HD Hyundai Oilbank Co., SK Energy Co., GS Caltex Corp. and S-Oil Corp. face charges of violating the fair trade act by engaging in collusive activities to raise prices of petroleum-related goods after the war triggered sharp rises in global energy prices in late February, according to the Seoul Central District P
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