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
The most effective method to Shake Hands During a Pandemic: Wellbeing Tips and Behavior - 2Birutė Galdikas: The last of the ‘angels’ in primatology’s most extraordinary chapter
- 3How 2025 became the year of comet: The rise of interstellar 3I/ATLAS, an icy Lemmon and a cosmic SWAN
- 46 Fun Urban areas For Seniors To Travel
- 5An eye for an eye: People agree about the values of body parts across cultures and eras
- EU foreign ministers commemorate Russian massacre in Bucha
- 'Zootopia 2' movie reviews: A heartwarming, hysterical and earnest 'ode to community'
- AI’s errors may be impossible to eliminate – what that means for its use in health care
- Exploring Asia’s Realm of Flying Snakes
- Examination In progress into Abuse of Japanese Government-Supported Advance
- Which Startup's Innovation Could Reform Medical care?
- Sally Rooney books may be withdrawn from UK sale over Palestine Action ban, court told
- Step by step instructions to Recognize the Distinction Between Lab Jewels and Precious stone Simulants
- Senior's Manual for Obtaining a Hyundai Ioniq EV: Tips
