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Czech government reinstates fuel margin caps, plans windfall tax on refineries

Source: reuters.com

Energy Markets & PricesTax & TariffsGeopolitics & WarFiscal Policy & Budget

The Czech government will reinstate caps on retailers' fuel margins and reduce diesel tax for October as Middle East conflict puts upward pressure on energy markets. The measures aim to cushion consumers and businesses from higher fuel costs, but signal mounting geopolitical risk to European energy prices.

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