OSLO, March 30, 2026 (BSS/AFP) - Norway will temporarily slash its taxes on petrol and diesel to counter rising prices as the Middle East war disrupts global energy supplies, the government said Monday. As of April 1, the tax on petrol will be reduced by 4.41 kroner ($0.41) per litre and that on diesel by 2.85 kroner ($0.29) per litre, the government said in a statement. "Budget agreements are made to be respected," Finance Minister Jens Stoltenberg, of the Labour Party which opposed the move, told public broadcaster NRK. The tax cuts also apply to mineral oils used in fishing and hunting, the government said. Diesel cars accounted for 31.8 percent of the fleet, compared to 23.9 percent for petrol cars and 12.6 for various hybrids.

Source: Bangladesh Sangbad Sangstha March 30, 2026 15:55 UTC