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2026-09-21 19:20:12
[Croatia Raises Fuel Price Caps Due to Middle East Tensions] ⑴ The Croatian government announced on Tuesday that it would raise the maximum retail prices of several fuels, including regular gasoline, diesel, and subsidized diesel for agriculture and fisheries. ⑵ The new price caps will be valid for seven days. The country typically adjusts fuel price caps every one to two weeks based on international oil price fluctuations to protect consumers and the domestic economy. ⑶ The geopolitical turmoil in the Middle East has caused fluctuations in international oil prices, putting pressure on many European countries due to rising energy costs. ⑷ Croatia's inflation rate is higher than the Eurozone average, and the fuel price increase further exacerbates concerns about domestic inflation.
