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
She just became the first wheelchair user to travel to space - 22024's Hot Games: Must-Play Titles of the Year
- 3Flat Earth, spirits and conspiracy theories – experience can shape even extraordinary beliefs
- 4Rights group: At least 2,500 deaths during protest crackdown in Iran
- 5Ukraine demands army of 800,000 under peace plan
- Cyber Monday 2025 streaming deal: Get $42 off six months of Apple TV
- The most effective method to Shake Hands During a Pandemic: Wellbeing Tips and Behavior
- Governments take targeted action as fuel prices hit retail
- 'Women on the floor, riddled with bullets': Ex-hostage Rom Braslavski recounts 'horrors' of Oct. 7
- The Main 15 Applications for Efficiency and Association
- 3 astronauts settle into their new life in orbit | On the International Space Station this week Dec. 1-5, 2025
- Transcript: NASA's Jared Isaacman on "Face the Nation with Margaret Brennan," April 5, 2026
- Inside the cockpit of RAF tanker during defensive mission against Iranian drones
- Portugal among EU countries with the most people working close to 50 hours a week
