SBS News

President Lee: "Maximum Oil Price System to Continue Until Volatility Is Fully Resolved" As oil price volatility grows due to the war between the United States and Iran, President Lee Jae-myung has ordered the continuation of the maximum oil price system and the maximum retention of policy measures such as fuel tax cuts. SBS Jul 27, 2026 10:49 AM

Chung Jeom-sik: "President Must Stop Exploiting Conglomerate Chiefs and Stealing Their Achievements" ▲ People Power Party Floor Leader Chung Jeom-sik speaks during a Supreme Council… SBS Jul 27, 2026 10:44 AM

People Power Party Leader Jang Dong-hyeok Calls for Swift Special Counsel Following Allegations of Election Commission Computer Manipulation People Power Party Leader Jang Dong-hyeok stated, "From a shortage of ballot papers to even computer manipulation has been uncovered," adding, "Everyone who maintains a complacent attitude toward this violation of voting rights is an accomplice." During the Supreme Council meeting held at the National Assembly today , Leader Jang said, "I plan to attend the National Election Commission's election petition deliberation this afternoon to deliver oral arguments myself," and noted, "The Election Commission ultimately refused our request to broadcast it live. SBS Jul 27, 2026 10:44 AM

Emergency Audit Follows SBS 'Wildfire Cartel' Report... "6,749 People Potentially Leased Qualifications" Following SBS's successive reports on the illegal leasing of licenses by forestry corporations and poor management, the Board of Audit and Inspection conducted an emergency audit and announced the results today . SBS Jul 27, 2026 10:33 AM

President Lee: Oil Refinery Collusion Exposed… Illegal Profiteering Will Be Strictly Punished President Lee Jae-myung targeted the recently exposed collusion among domestic oil refineries, stating, "We must firmly crack down on practices that exploit everyone's difficult times to engage in illegal profiteering." President Lee, who is currently on a tour of three countries in the Americas including San Francisco, USA, and Brazil, presided over a meeting of senior secretaries and advisors via video link at 9 PM on the 26th from the Brazilian capital of Brasilia. SBS Jul 27, 2026 10:21 AM

Park Ji-won: Kim Min-seok Should Have Exercised Caution; Shincheonji Allegations Must Be Uncovered, Not Covered Up - Supplementary investigative powers partially needed, but must follow party line - Jeong Seong-ho offering resignation ahead of Public Prosecution Office launch? Evasion of responsibility - Reject resignation immediately and do the job until launch - President is on foreign visit, yet inside party it's a war of Myeong-Cheong and Shincheonji - Kim Min-seok needs strategy change; why bring up Shincheonji? - Must present evidence quickly, Shincheonji must be rooted out - Disciplining over raising allegations? Must uncover, not cover up - Former NIS director's view on Russia's 'additional N. SBS Jul 27, 2026 9:58 AM

Audit Uncovers Suspected Qualification Lending Among 6,749 Forestry Technicians Following SBS Reports The Board of Audit and Inspection released its regular audit results for the Korea Forest Service today , revealing that 184 forestry technicians registered with forestry corporations were identified as deceased individuals, inmates, or overseas residents. SBS Jul 27, 2026 9:56 AM

President Lee: San Francisco AI Declaration is National Launchpad President Lee Jae-myung, who is currently visiting three South American countries including Brazil following a stop in San Francisco, United States, stated, "The San Francisco AI Declaration serves as a national launchpad for the Republic of Korea to leap forward as an indispensable frontrunner leading the artificial intelligence era." During a meeting with senior secretaries and advisors presided over via video link from the Brazilian capital of Brasilia at 9:00 p.m. SBS Jul 27, 2026 9:53 AM

Another PPP Ethics Committee Member Resigns Amid Deepening Internal Strife As the Central Ethics Committee meeting of the People Power Party is set to be held today , another ethics committee member has resigned. SBS Jul 27, 2026 9:23 AM

Ha Joon-kyung: "San Francisco AI Declaration Difficult Without Government... Easing Mortgages? Can't Drink Saltwater When Thirsty" - San Francisco AI Declaration? Driving a change bigger than the Industrial Revolution - Building an AI supply chain by integrating GPU, HBM, and software companies - Korea seen as crucial enough to gather CEOs who don't even get along - Proving the "Three Mega Projects" are not merely for domestic use - $950 billion scale.. SBS Jul 27, 2026 8:48 AM