Starting at midnight, Hungary will introduce a price ceiling on gasoline, set at 595 forints (approximately 1.51 euros) per liter for gasoline and 615 forints (about 1.56 euros) for diesel, aimed at shielding Hungarian consumers from escalating fuel prices resulting from the ongoing conflict in the Middle East. This regulatory measure is part of the government's broader response to the pressures caused by international conflicts affecting energy markets.

In a Facebook post, Prime Minister Viktor Orbán stressed that this price cap will apply exclusively to vehicles registered in Hungary. This move reflects the Hungarian government's proactive approach to economic stability, highlighting its attempts to cushion the impact of external crises on daily life. Orbán's administration is facing criticism for how energy prices have surged and is therefore responding with various measures to ensure public welfare amidst these challenges.

In conjunction with the price ceiling announcement, Orbán has called for the European Union to suspend sanctions against Russian oil and gas, which he believes contribute to the soaring energy costs across Europe. In a video message, he referred to the need to reassess these sanctions imposed due to geopolitical tensions, indicating a desire for a recalibration of current policies affecting energy imports. Orbán's initiative suggests an urgent push for policy changes that would relieve energy price pressures not just in Hungary, but throughout Europe as well.