EnergyNotableReported
5.4
Austria introduces fuel price cap Oct 1; opposition decries 'robber barony'
Die PresseLO·AT·3 days ago
Austria's new fuel price cap has come into effect, with diesel at €2.252 per liter and Super at €1.944. The Institute for Advanced Studies (IHS) projects a slight reduction in inflation as a result. The cap is a government intervention to lower consumer fuel costs, with uncertain long-term fiscal and market effects.