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12/03/2026
South Korean Finance Minister Choi Young-mu said: "The government will introduce a 'maximum price' system for oil products to alleviate consumer burdens and firmly resist attempts to raise prices using the crisis as an excuse."
Latest
now
The rise in US and Brent crude oil prices has now narrowed to 7.6% and 6%, respectively, with prices at $95.26 per barrel and $96.9 per barrel.
2 m ago
Competition and Markets Authority in the United Kingdom: Consideration of the speed of changes in fuel prices, both increases and decreases, at wholesale costs, as well as whether there is evidence suggesting the existence of the so-called "rocket and feather" pricing phenomenon.
2 m ago
Maersk: Currently, there are no reports of any containers being affected.
3 m ago
Maersk: All crew members are safe and have been confirmed to be on board.
3 m ago
Maersk: The incident involving the chartered vessel "Blessings of the Source" in the early hours of Thursday, March 12 in the Persian Gulf.
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