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.
Old video misrepresented as senior Sri Lankan ruling party member criticising president over fuel shortage- Electric discovery on Mars! Scientists find tiny lightning bolts coming from Red Planet dust clouds
- Figure out How to Pick the Right Toothbrush for You
- See as Your #1: These Low-Sugar Food sources You Ought to Attempt
- Moving Pool Highlights for 2024
- What an expert on the gut microbiome eats in a day
- 10 Hints for a Fruitful New employee screening
- ‘Harry Potter and the Philosopher’s Stone’ trailer is raising eyebrows among Potterheads: ‘Where’s the whimsical color?’
- The Most Famous Virtual Entertainment Powerhouses of the Year
