According to Yonhap News Agency, South Korean President Lee Jae-myung has called on the public to actively conserve electricity and reduce energy waste in response to the energy crisis triggered by the Middle East situation, to prevent further financial burden on the government.He stated that South Korea's electricity supply is entirely managed by state-owned companies. Although the government is striving to avoid raising electricity tariffs, if electricity demand continues to rise, the deficit of these state-owned companies may further expand, worsening the government's financial situation.He also urged the public to actively use public transport, and the government will announce the second oil price cap tomorrow (27th), hoping for active cooperation from gas stations. (mn/w)
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