Fuel providers seek postponement of excise rise

The increase is part of a process to restore the cuts introduced in the wake of the Russian invasion of Ukraine

From next month, diesel prices will rise by 3c per litres while petrol will increase by 4c.

Filling station operators and fuel providers are urging the new minister for Finance Jack Chambers to postpone the planned excise duty increase on fuels due to come into effect on August 1.

Representative body Fuels For Ireland (FFI) said that with the Oireachtas going on summer recess this week, the Minister has mere days to take action.