Slovakia announced a five-day freeze on fuel prices.

On the 11th local time, Slovak Prime Minister Fico urgently convened a cabinet meeting and announced a measure to stabilize oil prices. In the next five days, the Slovak oil company promised to freeze fuel prices and not to increase prices due to the current international situation. Fico emphasized that the goal of the Slovak government is to keep fuel prices long-term lower than neighboring Austria. It is reported that this temporary freeze on oil prices is to buy time to stabilize the market. After five days, the Slovak government will meet with the Slovak oil company again to discuss and determine the next steps.