Announcement
09 Mar 2026
On 9 March 2026, the government of Hungary announced a reduction of excise taxes on gasoline and diesel to the EU minimum level and a ban on exports of crude oil and certain fuels to support domestic fuel consumers and safeguard energy supply.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
10 Mar 2026
Revocation date:
No revocation date
Recent update from 11 Mar 2026:
On 9 March 2026, the government of Hungary announced a HUF 19.2 (USD 0.06) reduction in the excise tax on gasoline to the EU minimum level, from HUF 158.8 (USD 0.46) per litre to HUF 139.5 (USD 0.4...
Recent update from 11 Mar 2026:
On 9 March 2026, the government of Hungary announced an export ban on crude oil, 95-octane gasoline and diesel. The measure will enter into force on 10 March 2026.
According to the press rele...
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