Hungary is proceeding with its planned removal of fuel price caps, initially implemented in March following geopolitical tensions. The price controls were introduced in response to concerns following events involving the US and Iran, aiming to shield consumers from rising costs. However, a planned protest by petrol station operators, anticipating losses from the cap, appears to be losing steam as the phase-out nears completion. The government maintains the measure was temporary and unsustainable in the long term. The decision to end the price cap is expected to lead to increased fuel prices at the pump. Details regarding the exact timing and expected price increases have been released by Hungarian government sources.