Latest HD Hyundai Oilbank News & Updates

Seoul, July 6 (IANS) Prosecutors said on Monday they have indicted major domestic refiner HD Hyundai Oilbank and two company officials in a price-fixing case believed to be worth 26 trillion won ($17 billion) following the outbreak of the US-Iran war.The company is accused of engaging in collusive activities to raise prices of petroleum products after the war triggered sharp rises in global energy prices in late February, according to the Seoul Central District Prosecutors Office, reports Yonhap…