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AAP
AAP
Jacob Shteyman

Coalition calls for cut to fuel tax as price woes mount

Opposition leader Angus Taylor and Nationals' peer Matt Canavan are calling for a fuel tax cut. (Lukas Coch/AAP PHOTOS)

Drivers would see petrol costs reduced by 26c a litre under a coalition proposal to halve the fuel excise as the Middle East conflict drags on.

Opposition Leader Angus Taylor announced his plan for a $1.5 billion temporary tax cut on Friday, as service stations implemented petrol caps amid a surge in panic buying.

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