economy
Czech Government Imposes Fuel Price Cap and Cuts Diesel Tax to Combat Surging Costs at the Pump
Middle East conflict wreaking havoc on global energy supply
TL;DR
- Czech government to set maximum daily fuel prices nationwide.
- Retailer margins will be capped at 2.50 crowns per liter for petrol and diesel.
- Excise duty on diesel will be reduced by 1.939 crowns per liter.
- The measures are intended to lower fuel costs and prevent excessive pricing.
- The new system will formally take effect on April 8.