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The Independent UK
The Independent UK
National
Justin Spike

THE TRUTH ABOUT: Hungarian government scraps year old ceiling on fuel prices | History Defined

Copyright 2022 The Associated Press. All rights reserved.

Hungary's government cancelled a state-imposed cap on fuel prices late Tuesday after a recent wave of panic-buying among motorists led to fuel shortages and long lines at filling stations across the country.

The prices of gasoline and diesel at fuel pumps will be set according to market rates as of 11 p.m. Tuesday, government minister Gergely Gulyas announced at a news conference.

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