While the international oil price broke the 82 dollar mark per barrel, the won-dollar exchange rate is also approaching 1,200 won, leading to the analysis that the perceived oil price has already approached 100 dollar per barrel.
As the burden of oil prices on the low-income economy increased, it is known that the Ministry of Strategy and Finance and the Ministry of Trade, Industry and Energy are conducting an internal review, such as analyzing the effect of lowering the oil tax.
Previously, the Ministry of Strategy and Finance cut the fuel tax by 15% and 7% on two occasions for ten months from November 2018.
[ 최형규 기자 / choibro@mbn.co.kr ]
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