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Ireland Cuts Fuel Tax Amid Middle East Conflict

Published March 24, 2026, 17:17
Ireland Cuts Fuel Tax Amid Middle East Conflict

Ireland has announced a reduction in fuel tax as part of a broader package of measures worth 250 million euros, aimed at mitigating the economic impact of the Middle East conflict. The decision comes during a period of rising fuel prices, with unleaded petrol exceeding 2 euros per liter at some stations, a level not seen since the start of the war in Ukraine. Specifically, the fuel tax will be reduced by 15 cents per liter on petrol and 20 cents on diesel, while the contribution to the National Oil Reserves Agency (NORA) will be suspended for two months, offering an additional reduction of 2 cents per liter. Prime Minister Micheál Martin described the measures as “targeted and temporary,” committing to review them depending on market developments. Furthermore, the government will extend heating allowances for social welfare recipients and boost a discount scheme for truck drivers. Finance Minister Simon Harris emphasized that the initial package of measures is limited, leaving room for further assistance if the energy crisis persists. Ireland's move comes in conjunction with similar initiatives in other European countries, such as Italy and Spain, which have also taken steps to reduce fuel taxes and relieve citizens from rising energy prices. The European Commission has proposed cuts in national fuel taxes as a way to address the problem.