Tánaiste details when excise on petrol and diesel will increase as cuts phased out

Government agrees phased withdrawal of fuel excise relief while the Tánaiste presses retailers over delayed reductions at the pumps

Simon Harris has confirmed petrol and diesel excise cuts will be fully phased out by the end of 2026 while questioning why fuel prices remain high. File picture

Excise cuts on petrol and diesel will be unwound and phased out by the end of 2026, Tánaiste and finance minister Simon Harris has confirmed.

He also questioned why prices at the pumps have not fallen more, given that the price of a barrel of oil is dropping.