Government 'keeping a close eye' on whether to extend excise duty cuts on fuel

Tax reduction is in place until the end of July and Tánaiste Simon Harris said it was 'prudent' to wait for longer to decide on the next steps on the tax cuts

With the excise cuts, motorists are paying 32 cents less for a litre of diesel or 27 cents less for a litre of petrol.

The Government will consider whether to extend excise cuts on fuel over the next two weeks, the Tánaiste has said.

Simon Harris said the tax reduction remained in place until the end of July, adding the situation around oil prices remained “very fluid”.