Iran War - Croatia and Hungary Introduce Price Caps for Petrol

n-tv.de

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Hungary's head of government has issued a fuel price cap, which he himself has tried before, a textbook example of the consequences of economic populism.

Spiegel

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1.55 euros per litre of diesel? This should apply from Tuesday at Croatian petrol stations. The Hungarian Prime Minister and campaigner Viktor Orbán also announced a price cap and calls for the EU to put an end to sanctions against Russian oil.

Deutschlandfunk

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Croatia and Hungary are the first EU countries to cover the sharp rise in petrol prices due to the Iran war.

Zeit Online

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The first EU countries react to the sharp rise in fuel prices. Croatia and Hungary rely on a price cap for petrol – Austria is targeting tax cuts.

elperiodicodelaenergia.com

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The Government of Hungary has set a maximum price for fuel and banned its export to mitigate the upward impact of the war in the Middle East on raw materials. The maximum price has been set at 1.54 euros for petrol 95 and 1.59 euros for diesel, while the Ministry of Economy has announced that the export of fuel is also prohibited. These ceilings will only apply to vehicles with Hungarian registration and permits, has specified the Ministry. Hung…