Lithuanian Prime Minister I. Ruginienė made statements following Hungary and Croatia's announcement of price caps on fuel in their gas stations. She acknowledged that implementing price ceilings on fuel could be one of the measures taken to address rising fuel costs, but emphasized the need for careful consideration of budgetary possibilities and exploring options to mitigate fuel price hikes. The Prime Minister underlined the importance of achieving solutions at the European level, stating that collective action is crucial for managing fuel prices across the EU.

She highlighted that there is an ongoing active discussion at the EU level regarding the distribution of oil reserve stocks into the market. Ruginienė expressed her anticipation of decisions being made at the European level, emphasizing their necessity in controlling fuel prices. She also instructed the Finance Ministry to prepare several alternatives to counteract the increasing fuel prices, although she refrained from identifying whether the use of such reserves could be a short-term strategy.

Furthermore, Ruginienė pointed out the significant influence of the conflict in the Middle East on local fuel prices, indicating a direct correlation. This reflects an awareness that international events can affect local economies, especially in terms of essential goods like fuel. As European nations consider their strategies to manage fuel costs, Ruginienė's comments suggest a collaborative approach to tackle the economic implications of such geopolitical tensions.