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Irish Mirror
Irish Mirror
National
Sophie Collins

Drivers warned over incoming hike in petrol and diesel prices amid two key changes

Drivers may notice a slow increase in the cost of filling their cars over the coming weeks as the National Oil Reserves Agency levy is reintroduced.

The NORA levy was temporarily done away with in Budget 2023, but this exemption to help cope with the rising cost of living came to an end today, March 1.

The levy was introduced when NORA was set up in 1996, as a means of funding the maintenance of holding 90 days of strategic oil reserves for use in an emergency.

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