Germany Approves Fuel Tax Cut

Germany has approved a fuel tax discount costing €2.5 billion to help citizens deal with soaring energy prices caused by the ongoing Iran conflict. The government will cut taxes on gasoline and diesel from October until December.

Fuel prices are displayed at a Jet gas station in Berlin, Germany, September 23, 2026. Germany’s government announced tax cuts on gasoline and diesel to provide relief for consumers and businesses affected by soaring fuel prices. REUTERS/Lisi Niesner

Germany approved a gasoline tax discount on Friday costing federal and state governments €2.5 billion ($2.85 billion). The lower house passed the law, and the upper house raised no objections.

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