NEWEconomy

Irish Government Cuts Fuel Excise Duty by 20c on Diesel and 15c on Petrol

Published on 3/23/2026

#FuelPrices#ExciseDuty#Ireland#EconomicSupport
Irish Government Cuts Fuel Excise Duty by 20c on Diesel and 15c on Petrol

AI Summary

The Irish government has announced a reduction in excise duties on diesel and petrol effective from midnight, to last until the end of May. Diesel excise duty will decrease by €0.20 per liter, and petrol by €0.15 per liter. This move follows the rise in diesel prices from approximately €1.80 to €2.20-€2.30 per liter, and petrol prices to about €2. The cost of the overall support package, which includes additional energy supports, is projected to be €235 million.

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