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
Well known SUVs With Low Energy Utilization In 2024 - 2Find the Lively Food Markets of South America
- 3Shredded cheese sold in dozens of states recalled due to potential for metal fragment contamination
- 4Flu season is underway. What are common symptoms to watch for?
- 5Jamaica reports deadly leptospirosis outbreak after Hurricane Melissa
- Mummified cheetahs found in Saudi caves shed light on lost populations
- Brazil's agricultural research agency gets cannabis research greenlight
- 5 Morning Schedules That Stimulate Your Day
- Down to earth Manual for A Modest Hyundai Ioniq Electric for Seniors
- Russian billionaire says 12-hour days and 6-day workweeks could help save the economy
- 'You're no longer my sister' - rows erupt as war divides Iranian families
- 15 skywatching events you won't want to miss in 2026
- A Pompeii site reveals the recipe for Roman concrete. It contradicts a famous architect’s writings
- 9 African migrants died in freezing temperatures near Morocco-Algeria border
