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This Witch doesn't burn
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Several countries, including Ireland, Albania, Sweden, Spain, Italy, and Brazil, have recently cut fuel duties or taxes to ease the impact of rising global fuel prices.
Europe Ireland plans to cut excise duty on petrol by 15 cents per litre and diesel by 20 cents per litre as part of a €235 million package, including rebates for hauliers and home heating assistance, effective until the end of May 2026. 2 Albania has reduced fuel excise duty by 20%, capping petrol and diesel prices to mitigate the effects of Middle East supply disruptions. 1 Sweden will temporarily lower fuel taxes by 1 krona per litre for petrol and 0.4 krona per litre for diesel from May 1 to September 30, 2026, aiming to offset inflationary pressures from the Iran war. 1 Spain has cut VAT on fuel from 21% to 10% and suspended the hydrocarbon excise duty, reducing petrol and diesel prices by 0.30–0.40 euros per litre. 1 Italy has introduced temporary excise duty reductions of 25 cents per litre on fuels to cushion consumers from rising prices. Germany is considering measures to support consumers, including potential fuel tax relief, though details are still under discussion. Other Regions Brazil has announced temporary measures to limit fuel price increases, including suspending taxes on diesel fuel. 1 Portugal has implemented similar VAT reductions on fuel to reduce costs for consumers. 1
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