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
Space Condos to Lift Your Metropolitan Living - 2Russia accidentally destroys its only way of sending astronauts to space
- 310 Moving Design Frill for Summer 2023
- 4Instructions to Shield Your Gold Speculation from Possible Dangers: Fundamental Protections
- 5Bother Control Administrations for 2024: Decide for Your Home
- Interoceanic Train derails in southern Mexico, injuring at least 15 and halting traffic on line
- Bayer sues COVID vaccine makers over mRNA technology
- Israel says Iran's military industry will be destroyed 'within days'
- Meet Beef the bulldog, who takes slow walks with his 78-year-old friend
- Artemis II astronauts find hidden Easter eggs as they close in on the moon
- The Best Computer games for Multiplayer Fun
- Scientists sent a menstrual cup to space. This is how it went
- Earth’s magnetic field protects life on Earth from radiation, but it can move, and the magnetic poles can even flip
- Army commander convicted of Guinea stadium massacre dies in prison
