Budget minister nominee says extra budget should include measures to stabilize energy supplies

Budget Minister nominee Park Hong-keun said Monday a proposed supplementary budget bill should include measures to stabilize energy supplies, including oil reserves, amid the ongoing crisis in the Middle East. "Although a fuel price cap is currently in place, a supplementary budget is inevitable given the uncertainties, as it is difficult to predict how long the Middle East situation will continue," Park said during a parliamentary confirmation hearing. Amid rising global oil prices, the governm