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South Korea's Lee calls for electricity saving amid fuel price increases

ReutersMar 26, 2026 2:11 AM

- South Korean President Lee Jae Myung asked the public on Thursday to conserve electric power as rising fuel prices can prompt a shift to electricity because its prices are comparatively stable due to a government-controlled tariff.

Lee was holding an emergency economic meeting to address the fallout of the Iran war on Asia's fourth-largest economy, which almost entirely depends on imports for energy.

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