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
Scientists find evidence that an asteroid contains tryptophan - 22024 Moving Styles for Kitchen Redesigns
- 38 key takeaways from Savannah Guthrie's 'Today' interview on the disappearance of her mother
- 4General Atlantic says ‘biggest mistake’ would be pulling back on Gulf deals
- 5Fossils unearthed in Morocco are first from little-understood period of human evolution
- Analysis-NASA's moon mission tests aerospace old guard as SpaceX, Blue Origin hover
- Influencers are selling a delusional fantasy of being postpartum. Why is it so easy to believe?
- Trump says Venezuela will start 'turning over' oil to the U.S. Is that the reason he toppled Maduro — or is it something else?
- PHOTO ESSAY: Scientists trying to unravel one of the body's biggest mysteries
- Exploiting Unsold Rams: May Be Less expensive Than You Suspect
- How mountain terraces have helped Indigenous peoples live with climate uncertainty
- Hezbollah field commander killed in IDF strikes in Beirut
- 6 Eyewear Brands Worth Purchasing
- Why Tourists May Want To Reconsider Traveling To This Popular Spot In Italy In 2026
