South Korean oil refiners face sanctions over alleged fuel-price coordination
By Jenny Lee ( October 7, 2026, 06:27 GMT | Insight) -- An examiner’s report sent to SK Energy and HD Hyundai Oilbank accuses the two refiners of exchanging sensitive pricing information for about four years before twice agreeing on fuel prices, formally opening deliberations in a major South Korean cartel case involving 44.1 trillion won ($33 billion) in affected sales.An examiner’s report sent to SK Energy and HD Hyundai Oilbank accuses the two refiners of exchanging sensitive pricing information for about four years before twice agreeing on fuel prices, formally opening deliberations in a major South Korean cartel case involving 44.1 trillion won ($33 billion) in affected sales....
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