Published 1 year ago

Hungarian government scraps price cap on fuels as shortage worsens

Summary by Ground News

Hungary abolishes petrol price caps after a fuel shortage led to "panic buying" Energy giant MOL blames the price limits. Prime Minister Viktor Orban's chief of staff blamed EU oil sanctions over Russia's invasion of Ukraine for the fuel problems. EU embargo on seaborne deliveries of Russian crude oil came into force on Monday.

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Reuters

Hungarian government scraps price cap on fuels as shortage worsens

Hungary's government scrapped a price cap on fuels on Tuesday after a lack of imports and panic buying led to fuel shortages across the country in the past days that oil and gas group MOL said created a "critical situation."

1 year ago·United Kingdom

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Associated Press News

Hungarian government scraps year-old ceiling on fuel prices

Hungary’s government is cancelling a state-imposed cap on fuel prices after a wave of panic-buying by motorists led to fuel shortages and long lines at filling stations across the country. Government minister Gergely Gulyas announced at a news conference that…

1 year ago·United States

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abc News

Hungarian government scraps year-old ceiling on fuel prices

Hungary’s government is cancelling a state-imposed cap on fuel prices after a wave of panic-buying by motorists led to fuel shortages and long lines at filling stations across the country

1 year ago·United States

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The Star Kuala Lumpur

Hungary scrapes fuel price cap

BUDAPEST, Dec. 6 (Xinhua) -- Hungarian government announced on Tuesday night to stop capping fuel prices. Read full story

1 year ago·Malaysia

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RIA Novosti [🇷🇺-affiliated]

The Hungarian government canceled the freeze on gasoline and diesel prices

The Hungarian government has decided to cancel the freeze on gasoline and diesel prices after receiving a letter from MOL about problems with... RIA Novosti, 07.12.2022

1 year ago·Russian Federation

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