As negotiations for a ceasefire between the United States and Iran have collapsed, with the U.S. countering Iran's blockade of the Strait of Hormuz, international oil prices have surged again. The ongoing Middle East situation has led to fears of stagflation, with prices rising amid an economic downturn. In Gangwon Province, gasoline and diesel prices are soaring toward 2,000 won, and the prices of agricultural products such as chicken, eggs, and imported fruits are skyrocketing, causing alarm for the economy of ordinary people. ■International oil prices surge 8%, exceeding $100 per barrel = According to Bloomberg, international oil prices have once again surpassed the $100 per barrel mark. As of 9:12 a.m. on the 13th (Korean time), Brent crude oil futures, which serve as the benchmark for international oil prices, had risen by about 8.7% from the previous day's closing price to $103.44 per barrel. Similarly, U.S. West Texas Intermediate (WTI) crude oil futures had risen by about ...