Fuel excise duty cuts will stay in place for a further month

Due to expire on July 31, the cuts to excise duties on petrol and diesel will continue until the end of August

The cuts introduced in mid-April in the wake of the crisis sparked by the war on Iran reduced the excise on diesel by 32c, and petrol by 27c. Picture: iStock

Current cuts to excise duties on fuel will continue until the end of August, Government leaders have agreed.

Following the outbreak of the war in Iran and a wave of protests, the Government introduced excise cuts in mid-April to reduce the excise on diesel by 32c, and petrol by 27c. This included a reduction of the NORA (National Oil Reserves Agency) Levy.