Rising Fuel Prices Are Putting Pressure on Residents and Businesses: the Government Is Considering How to Reduce the Burden

Lietuvos Radijas ir Televizija

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Brent crude oil prices have approached $110 per barrel after Saudi Arabia shut down a key oil pipeline following attacks by Yemen's Houthi rebels. In Lithuania, a liter of diesel costs more than two euros, and gasoline is also rising in price. The government is preparing a plan to ease the burden on residents and businesses, but is not revealing the measures. The Energy Minister is proposing to reduce excise duty on diesel, after its price has b…

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Citizens need a mechanism that will provide them with security during the energy crisis, because everyone is feeling the increase in fuel prices in their wallets, said Ilir Harasani, a member of the Presidency of the Civic Movement URA. Harasani said that it is good that the Government has reduced excise duties and thus mitigated the increase in fuel prices, but that citizens cannot wait every week …

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The new surge in international energy prices is creating a difficult scenario for households and businesses, with increases already having passed through to ...