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.
Artemis 2 breaks humanity's all-time distance record during historic loop around the moon (video)- Yes, NASA's launching Artemis 2 astronauts to the moon on April Fools' Day. It's not a joke.
- Email Promoting Instruments for Compelling Efforts
- Fact Check: Israeli Channel 13, Al Jazeera Did NOT Confirm Hezbollah Captured All Or Part Of Kiryat Shmona
- Iran Used $2 Billion in Crypto to Run Its Militant Proxies in 2025
- Flu cases are spiking earlier than usual. What you need to know.
- Famous Network programs in Europe and America
- Fiber is something most people could use more of. But experts advise caution with 'fibermaxxing'
- Israeli media reports Iran attacking greater Tel Aviv region
