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Bangkok Post
Bangkok Post
World

Rising gasoline costs, inflation unsettle Asia

File photo by Bangkok Post

Surging gasoline prices are posing a tricky new problem for governments as they seek to nurse virus-hit economies back to health.

In Asia, South Korea has taken steps to ensure a steady supply of the key fuel while tracking prices, and Japan may soon hand aid to local refiners. India, the region's second-biggest oil consumer, has had an unofficial freeze on prices for almost two months ahead of elections in several key provinces. 

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