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Finance & Markets

South Korea Keeps Fuel Cheap for Holidays as Fiscal Cost Mounts

With millions of South Koreans set to hit the road this week during a three-day public holiday, the government is extending fuel-price caps, cushioning households from an energy shock that has pushed global oil prices above $100 a barrel.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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Coal Eases from 3-Month High

Thermal coal futures exported out of Australia fell to $145 per tonne from the three-month high of $149 on September 7th as higher output from China momentarily offset the recent jump in demand.

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