European Union Urges Energy Tax Cuts Over Price Surge

March 10, 2026

European Union Urges Energy Tax Cuts Over Price Surge (NewsCentral TV)

This photograph taken on March 10, 2026, shows the daily prices panel for Super diesel and diesel at a petrol station in Saint-Martin-des-champs, north-western France. On March 9, 2026, diesel fuel in France passed the symbolic threshold of 2 euros per liter, according to an average calculated by AFP based on data from around 9,400 service stations submitted to the governmenta level not seen since the summer of 2022. (Photo by Fred TANNEAU / AFP)

The European Union’s energy chief, Dan Jorgensen, has urged member states to reduce energy taxes where possible as conflict in the Middle East pushes up oil and gas prices.

“If you are at all able to lower taxes on energy, especially on electricity, there is a huge potential” to reduce consumer bills, Jorgensen told a press conference at the European Parliament in Strasbourg.

Jorgensen said cutting taxes could help ease the financial burden on households as rising energy costs continue to affect consumers across the union.

Author

Toyibat Ajose

Toyibat is a highly motivated Mass Communication major and results-oriented professional with a robust foundation in media, education, and communication. Leveraging years of hands-on experience in journalism, she has honed her ability to craft compelling narratives, conduct thorough research, and deliver accurate and engaging content that resonates with diverse audiences.