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Hungary will set a price cap on gasoline and diesel, Orbán says

Energy,Hungary,Europe,World,Oil,European Union,Eastern Europe

From the Left

Hungary's government will introduce a price cap on gasoline and diesel at fueling stations beginning at midnight local time, Prime Minister Viktor Orbán announced on Monday.

The move came against the backdrop of soaring global oil prices as the Iran war, now in its second week, ensnares countries and infrastructure critical to the production and movement of oil and gas.

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