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
Farmers call for French blockades over cow disease cull - 2What you need to know about flu treatments as cases spike across the US
- 3Dave Coulier shares new cancer diagnosis 1 year after revealing previous diagnosis
- 420-year-old who threatened German train attack remanded in custody
- 57 Strange Apparatuses to Make Your Party Stick Out!
- Online business Stages for Little Retailers
- NASA's Voyager 1 set to achieve historic distance from Earth
- Charlotte faith leaders hold interfaith forum on Black and Palestinian solidarity
- Don't miss Jupiter shining close to the waning gibbous moon on Dec. 7
- Allow Innovative Progressions To have a Tremendous Effect
- 2026 Golden Globes: How to watch, start time, TV channel, full nominee list and more
- Some gifted dogs can learn new toy names by eavesdropping on owners
- Brazilian cardinal orders a popular Catholic priest to go offline following right-wing attacks
- Manageable Living: Eco-Accommodating Decisions for Regular day to day existence
