S. Korea to extend fuel tax cut through Nov. amid price burdens

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SEOUL, Sept. 18 (Yonhap) -- South Korea will extend its fuel tax cut scheme by another two months through November to ease price burdens on the public amid protracted tensions in the Middle East, the finance ministry said Friday.

The Ministry of Finance and Economy said the decision was made during an economy-related ministers' meeting chaired by Finance Minister Koo Yun-cheol, citing the need to ease the public's burden from fuel costs.

Under the measure, the current tax reductions of 15 percent for gasoline and 25 percent for diesel and butane, originally set to expire at the end of this month, will remain in place through the end of November.

"We have decided to maintain the current tax cut scheme, considering the country's capacity to address a possible increase in oil price volatility," the finance ministry said in a release.

The country has decided to maintain larger tax cuts for diesel, which is essential for industrial and logistics activities, and butane, which is widely used as fuel for small trucks, it added.

This file photo taken on Sept. 13, 2026 shows a gas station in Seoul. (Yonhap)

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S. Korea to extend fuel tax cut through Nov. amid price burdens

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首尔，9月18日（韩联社）——韩国财政部周五表示，为缓解中东地区持续紧张局势给民众带来的价格负担，韩国将把燃油税减免计划再延长两个月至11月。

财政部表示，该决定是在财政部长具允哲主持召开的经济相关部长会议上做出的，理由是需要减轻民众因燃料成本而承受的负担。

根据这项措施，目前汽油减税 15%，柴油和丁烷减税 25% 的政策，原定于本月底到期，将延长至 11 月底。

财政部在一份声明中表示：“考虑到国家应对油价波动可能加剧的能力，我们决定维持目前的减税方案。”

该国还表示，已决定继续对柴油（工业和物流活动必不可少）和丁烷（广泛用作小型卡车燃料）维持较大幅度的减税。

这张摄于2026年9月13日的资料照片显示的是首尔的一家加油站。（韩联社）

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