UK extends fuel duty cut to end of 2026 to ease costs
Prime Minister Keir Starmer announced that the five pence per litre fuel duty cut will remain in place through December to mitigate rising oil prices caused by the Iran conflict. The government is also introducing a road tax holiday for hauliers and reducing duty on red diesel to its lowest rate in over twenty years.
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The United Kingdom will extend its 5 pence per liter motor fuel duty cut through December 31 to combat inflation. The extension follows a price spike in Brent Crude Oil triggered by the conflict in Iran. This move prioritizes consumer stability over the £2.4 billion annual cost as energy-driven cost-of-living pressures intensify for millions of drivers.
