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
One of the best meteor showers of the year peaks at the worst possible time this week - 2The Excursion to Monetary Proficiency: Individual budget Triumphs
- 3Airbnb Unveils Airport Pickup Service Across 125 Cities in Global Expansion
- 4A rare whale is having an encouraging season for births. Scientists warn it might still go extinct
- 5Deadly heat worldwide prompts $300 million for climate health research at COP30
- From Specialist to Proficient Picture taker: Individual Triumphs
- Figure out How to Track the Establishment of New 5G Pinnacles
- Figure out How to Use the Experience of a Fender bender Legal counselor for Your Potential benefit
- Pick Your Favored sort of cooking
- The powerful new Rubin Observatory just found 11,000 new asteroids and measured 'tens of thousands more'
- ‘RuPaul's Drag Race’ Season 18: How to watch without cable, premiere time, cast list and more
- Dad issues urgent plea to find stem cell donor for his son
- Humanity is back at the moon! Artemis 2 astronauts arrive in lunar space
- Why doing good also makes us feel good, during the holidays and beyond
