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
Quantum Computing’s Next Major Breakthroughs Could Come From Australia - 2How effective is the flu shot this year? New report shows promising results
- 3Melodic Event: A Survey of \Energies and Exhibitions Assessed\ Live concert
- 4Figuring out the Justification for Separation: To blame and No-Shortcoming
- 5Novo Nordisk justifies reasoning behind failed GLP-1 Alzheimer's trials
- Vote in favor of your Number one Kind of Shades
- Manual for 6 Busssiness Class Flights
- Radiate brilliantly: The 5 Precious stone Rings to Purchase in 2024
- Instructions to Pick the Right Toothbrush for Your Teeth
- Moving Wedding Objections for Paramount Functions
- Supportive Tips On Home loans For First-Time Home Purchasers
- Met Gala 2026 will celebrate fashion as an 'embodied art form': A guide to the theme, dress code, cochairs and hosting committee of the starry event
- Europe's powerful Ariane 6 rocket launches Sentinel-1D Earth-observation satellite to orbit (video)
- The Job of Attorneys: It is Important to Comprehend When Legitimate Help
