Published by Global Banking & Finance Review®
Posted on March 26, 2026
2 min readLast updated: March 26, 2026
Add as preferred source on GooglePoland’s government will cut VAT and excise duties on fuel to ease surging prices following the U.S.–Israel–Iran conflict, with PM Donald Tusk to unveil details at a 13:00 GMT press briefing.
WARSAW, March 26 (Reuters) - Poland's government has decided to cut VAT and excise tax on fuels, TVP Info reported on Thursday, citing sources, as Warsaw moves to shield drivers from the impact of the war in the Middle East.
Prime Minister Donald Tusk will announce details at a press conference at 1300 GMT, according to the broadcaster.
Countries across Europe have been scrambling to mitigate the impact of the U.S. and Israel's attack on Iran on fuel costs and regional peers like Romania and Hungary have already moved to cap prices.
Finance Minister Andrzej Domanski told public radio earlier on Thursday that Poland was considering cutting VAT on fuel and that a windfall tax on oil companies' profits could not be ruled out, even though Warsaw was not currently working on one.
"We are not ruling out a tax on excess profits," he said.
(Reporting by Alan Charlish, Pawel Florkiewicz and Marek Strzelecki; Editing by Thomas Derpinghaus and Louise Heavens)
Poland is reducing VAT and excise taxes on fuel to shield drivers from surging prices caused by the impact of the war in the Middle East.
Prime Minister Donald Tusk will announce the details at a press conference.
Yes, countries like Romania and Hungary have already moved to cap fuel prices in response to recent events.
According to Finance Minister Andrzej Domanski, a windfall tax on oil companies' excess profits is not currently planned, but it is not ruled out.
Fuel prices are surging due to the impact of the U.S. and Israel's attack on Iran, escalating tensions in the Middle East.
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