Hungary, Orban extends fuel price cap until July

, SEE Energy News

Hungarian Prime Minister Viktor Orbán announced that the upper limit for fuel prices will remain in force until July 1.

Prices are rising across Europe and the main reason is the war in Ukraine, the Hungarian prime minister said in a video on his Facebook profile, adding that the government will do everything to protect Hungarian families from rising prices, which limits the price of fuel and basic foodstuffs. .

The government first decided to set the maximum price of gasoline and diesel at 480 forints (1.3 euros) per liter in November last year due to rising inflation. Then, in February this year, the restriction was extended for an additional three months, until May. At the end of February, the government also limited the wholesale price of gasoline and diesel.

Source: ceenergynews.com