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
FDA approves Wegovy pill for weight loss: What to know - 2Expert advice for new stargazers: How to begin your amateur astronomy journey
- 3Best Exciting ride: Which One Rushes You the Most?
- 4Eleven Creations And Developments That Steered History
- 5Administrative building in Sharjah region targeted by Iranian drone, UAE authorities announce
- Very good quality Greens All over The Planet
- Which '80s Film Actually Holds Up Today?
- Virtual National Science Foundation internships aren’t just a pandemic stopgap – they can open up opportunities for more STEM students
- What to know about voluntary chocolate recall
- Favored Vehicle for Seniors: Make Your Determination
- Minnesota jury says Johnson & Johnson owes $65.5 million to woman with cancer who used talcum powder
- The most exciting exoplanet discoveries of 2025
- Step by step instructions to Protect Your Speculations with Cd Rates
- Warming winters lead to more nitrate pollution in the drinking water near farms
