The Romanian government is enacting a new plan to regulate fuel prices as the country faces potential shortages. The move responds to disruptions in crude oil supply from Kazakhstan and ongoing global distribution issues. Rather than reducing the Value Added Tax (VAT), the government will introduce a dynamic excise tax, allowing for rapid adjustments based on market fluctuations. This flexible excise aims to mitigate price volatility and ensure fuel availability. Officials have abandoned previous considerations of a temporary VAT reduction. The plan signifies a proactive approach to a potentially critical situation within the Romanian fuel market. The government hopes this measure will stabilize prices and avoid widespread fuel scarcity.

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