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Ireland Cuts Fuel Taxes Amid Rising Prices, Allocates €235M Support

3/24/2026

23 1 Full Breakdown

Summary

Story summary

The Irish government will cut petrol excise by 15 cent and diesel by 20 cent from midnight Wednesday until the end of May, in response to rising fuel prices linked to the Middle East conflict.
Following a leaders' meeting, the measure will be presented to cabinet.
A rebate scheme for hauliers and bus operators is anticipated.
The overall support package, which includes aid for vulnerable groups, costs €235 million.

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Story summary

The Irish government will cut petrol excise by 15 cent and diesel by 20 cent from midnight Wednesday until the end of May, in response to rising fuel prices linked to the Middle East conflict.
Following a leaders' meeting, the measure will be presented to cabinet.
A rebate scheme for hauliers and bus operators is anticipated.
The overall support package, which includes aid for vulnerable groups, costs €235 million.