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
Trouvez La Carte De Cr\u00e9dit Id\u00e9ale Pour Vos Besoins En Belgique - 2‘Downton Abbey: The Grand Finale’ hits streaming: How to watch, cast info and everything you need to know
- 3As her kidneys fail and time runs short, this activist fights to decriminalize euthanasia in Mexico
- 4Bomb blast in packed Nigerian mosque kills five
- 5Italy's Beloved Trevi Fountain Hides A Unique Secret That Can Be Explored Underground
- Step by step instructions to Contrast Lab Jewels and Regular Ones
- Sheinelle Jones will cohost fourth hour of 'Today' with Jenna Bush Hager: Here's what to know about her
- One spent $20 on candy. Another paid $700 for a custom costume. Here's how Halloween costs stacked up this year.
- Man who grabbed Ariana Grande at 'Wicked: For Good' premiere also rushed Katy Perry onstage this year. Who is he and why is he doing this?
- Which '80s Film Actually Holds Up Today?
- Cygnus XL brings cargo to the ISS for 1st time | Space photo of the day for Dec. 1, 2025
- 5 Language Learning Applications
- Best Amusement Park Bite: What Do You Very much want to Crunch On?
- Private sector revives the climate disaster database Trump tried to squash
