Hungary Caps Gasoline, Diesel Prices, Vows to Release Strategic Reserves Amid Iran Oil Blockade
Hungarian Prime Minister Viktor Orban arrives for the EU summit at Alden Biesen Castle in Bilzen-Hoeselt, Belgium, on Feb. 12, 2026. Francois Walschaerts/AP PhotoHungary has introduced a price cap for gasoline and diesel in response to the rising price of energy as a result of the Iranian oil blockade and the loss of oil flow from the damaged Russian Druzhba pipeline.The Hungarian government said in a March 9 statement that it would set the price cap for gasoline at 595 forints ($1.80) per liter—about $6.80 per gallon—and for diesel 615 forints ($1.86) per liter, or $7.04 per gallon, and that retail prices cannot exceed these amounts.
The EUs repair policies are changing the way tech is designed
In the late 1970s, concerned by resource use and scarcity, German industrial...
Chinese Scientists Flagged Glacial Flood Danger One Year Before Nepal Catastrophe
More than a year before the catastrophic flash flood devastated the China–Nepal...
Iceland Focuses on Security Partnerships After Voters Reject Opening EU Membership Talks
Icelandic Minister for Foreign Affairs Thorgerdur Katrin Gunnarsdottir attends a press conference...
Italy, Spain Extend Tit-for-Tat Border Curbs After Ceuta Illegal Immigrant Crisis
Immigrants gather on a hill as they attempt crossing from the border...
