Czech motor fuel prices will be capped from Wednesday, with the cap being updated daily, the Finance Ministry announced on Tuesday, against the backdrop of the energy crisis resulting from the Iran war.
The ministry has set the initial cap on the price for petrol at 43.15 koruna ($2.04) and for diesel at 49.59 koruna.
Other measures passed by the government include limiting margins charged by fuel companies and cutting the tax on diesel.
The ministry said the aim of the measures was to curb general fuel price rises and to remove local pricing extremes. The last was seen as referring to Prague and motorway fuel stations, where the highest prices are generally charged.
The country is well served with fuel stations operated by Poland's Orlen, Hungary's MOL, and state-run Cepro under its Eurooil and Robin Oil brands.
Relatively low prices have led German drivers to cross the border to fill up.
LATEST POSTS
- 1
Was This Driver Simply Having A great time Or Behaving Like An Ass? - 2Europe’s EV Boom Was Real in 2025. The Real Fight Starts In 2026
- 3Carnival fever hits Lagos as locals celebrate Afro-Brazilian heritage
- 4Pick Your Favored kind of salad
- 5Social Skylines d: A Survey of \Inside and out Social Experiences\ Language Learning Book
- Figure out How to Get a good deal on Your Rooftop Substitution Venture
- Figure out How to Stay away from Normal Handshaking Missteps
- Manual for extravagance SUVs for seniors
- The most effective method to Settle on Informed Conclusions about Senior Insuranc.
- Change Your Home into an Exercise center with These Famous Wellness Gadgets
- Vote in favor of your favored spot to peruse
- China bans storing cremated remains in empty 'bone ash apartments'
- Tesla plans to expand production at German car plant
- The Electric Bicycle Americans Can Confide in 2024
