Hungary backs diesel car owners amid fuel crisis
The Hungarian government intends to provide direct support to around one million diesel vehicle owners and their families to compensate for rising fuel prices, aiming to mitigate the impact of the fuel crisis facing Europe. Vehicle owners with engines up to 150 horsepower will receive a compensation of 20,000 Hungarian forints (approximately $64) by December, in addition to support for farmers through the refund of fuel consumption taxes. These measures come amid an unprecedented shortage of diesel supplies, resulting from Russia's ban on diesel exports, reduced supplies from the Middle East, and the shutdown of the Hungarian Danube refinery following a fire, all while avoiding price caps to prevent the crisis from worsening.
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