Czech Gasoline Prices Hit Two-Year High Amid Global Supply Disruption; EU Sends CZK 15 Billion

Czech gasoline prices reached a two-year high driven by the Iran-war energy supply disruption. Separately, the EU transferred CZK 15 billion to the Czech Republic for recovery, housing, and green projects. The energy price spike adds economic pressure to Babiš's government at the same time as the Letná protests, though the government has framed energy costs as justification for its pragmatic foreign policy approach.