Czech government raises fuel price caps as gasoline and diesel costs climb

The Czech Ministry of Finance raised the maximum allowed retail prices for gasoline and diesel in early April, extending the temporary price‑cap regime until 19 July. Under the new limits, stations may charge up to 41.31 CZK per litre of gasoline and 37.29 CZK per litre of diesel, with a maximum margin of three crowns per litre.

The increase follows a sharp rise in world oil prices after Israel and the United States struck Iran on 28 February, prompting Iran to close the Strait of Hormuz. To cushion consumers, the government also reduced the diesel consumption tax from 9.95 CZK to 8.011 CZK per litre, while the gasoline tax remains at 12.84 CZK.

Data from CCS show that in the Liberec region gasoline prices rose by 36 haléřů to an average of 39.40 CZK per litre, and diesel by about 2.70 CZK to 35.71 CZK. Prices rose nationwide, with the highest levels reported in Prague. The regulation aims to prevent extreme price spikes while allowing the market to adjust gradually.