Seoul gas stations are now charging nearly 2,000 won per liter, as fuel prices continue to climb in South Korea. The rising costs are prompting concerns among consumers and drawing scrutiny from the government, which has pledged to crack down on price manipulation, and hoarding.
As of 9:00 AM on March 6, 2026, the average gasoline price nationwide was 1,856.3 won per liter, according to the Korea National Oil Corporation’s Opinet price information system. Diesel fuel prices have now surpassed gasoline, averaging 1,907 won per liter nationally, and 1,962 won in Seoul. This price increase reflects broader global trends in the energy market and highlights the sensitivity of the South Korean economy to international oil prices.
Recent data indicates that gasoline prices in Seoul are approaching the 2,000 won mark per liter. While the rate of increase has slowed, prices remain elevated. KBS News reports that the government is taking a firm stance against any illegal activities contributing to the price surge.
The situation is being closely monitored as fuel costs represent a significant expense for both individuals and businesses. MSN notes that consumers are increasingly aware of price fluctuations, with many regretting not filling up their tanks on previous days.
On March 7, 2026, Seoul’s gasoline price exceeded 1,941 won per liter, a rise of over 10 won from the previous day. A recent report from KBS details these developments, underscoring the ongoing pressure on household budgets.