Albanese signals fuel excise cut may be extended to help motorists amid Middle East crisis

The government has for weeks been downplaying the prospect of extending the three-month cut to the fuel excise, but Anthony Albanese left the door open to a possible extension on Monday. Photograph: Lukas Coch/AAP

Anthony Albanese has signalled the federal government is open to extending the temporary cut to the fuel excise to help cushion motorists from a months-long tail from the Middle East conflict.

The prime minister also welcomed the announcement of a peace deal between the US and Iran to end the war and reopen the strait of Hormuz.