Save 'Every Drop of Fuel' South Korea Urges, as Iran Crisis Hits

Contributing sentiments towards policy:

58% : Lee framed the fiscal response as both a crisis measure and a structural pivot, saying the government will accelerate investment in renewable energy and strengthen supply chain resilience to lower dependence on external shocks.
57% : The government has already taken unprecedented steps, including imposing a fuel price capBloomberg Terminal for the first time in nearly three decades, and expanding fuel tax cutsBloomberg Terminal to ease the burden on the public and companies.
53% : Authorities have also stepped up efforts to secure alternative energy supplies, and manage key inputs such as naphtha and urea, which are critical to industrial production.
48% : The government has sought to limit market impact by funding the package largely through excess tax revenue rather than new bond issuance.

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