News in Brief
Government scraps price cap on fuel due to EU sanctions
“The implementation of the sanctions has caused tangible disruptions to Hungary’s energy supplies,” Gulyás said.
“The implementation of the sanctions has caused tangible disruptions to Hungary’s energy supplies,” Gulyás said.
Demand has spiked, consumers started stockpiling, and “a certain degree of panic ensued”. MOL has reached the end of its capacity, said Zsolt Hernádi.
Minister of the Prime Minister's Office Gergely Gulyás announced that after the EU sanctions on oil came into effect on Monday, the government lifted the freeze on fuel prices at...