Prague Caps Fuel Prices, Taxes Orlen's ‘Windfall’ Refining Margins
The Czech government will reinstate price caps on gasoline and diesel from October 1 and tax refiners on 50% of any margin increase over 2025 levels, Reuters reported Monday, as Saudi Arabia's cut of October crude allocations to Europe compounds pressure from the closed Strait of Hormuz. According to Czech government statements, the price cap sets maximum gasoline and diesel prices daily,…
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