Czech government ends fuel price caps as gasoline and diesel prices rise

The Czech cabinet announced that the state‑imposed price caps on gasoline (Natural 95) and diesel will cease on Sunday, 20 July 2026. Minister of Finance Alena Schillerová said the extraordinary market situation that justified the caps has passed and that Czech fuel prices are now among the lowest in the EU.

Recent weeks have already seen notable price hikes across the country. In the Olomoucký region the average price of Natural 95 rose to 40.17 CZK per litre and diesel to 37.60 CZK. Similar increases were reported in the Královéhradecký (40.32 CZK gasoline, 37.47 CZK diesel) and Středočeský regions (40.42 CZK gasoline, 37.66 CZK diesel). Analysts expect further market‑driven rises of up to about 0.8 CZK per litre for gasoline and up to 3.2 CZK per litre for diesel, especially as the previous diesel tax relief ends.

The price‑cap removal is expected to push retail fuel prices higher, adding pressure to household budgets and potentially feeding broader inflation.