Romania cuts diesel excise duty by 20% under new price mechanism

14 August 2026 Romania's Ministry of Finance will cut the excise duty on standard diesel by 20% from August 16 to August 31, following a rise in international diesel quotations and domestic pump prices, the ministry said. The temporary reduction amounts to RON 561 per 1,000 litres, bringing the applicable excise duty to RON 2,243 per 1,000 litres, or RON 2,655 per tonne. The measure is being implemented under Law No. 162/2026, which introduced a mechanism allowing excise duties to be adjusted temporarily in response to fuel market developments. The ministry said Platts diesel quotations increased by 34.13% during the reference period, while the average pump price of standard diesel rose by 23.01%. "We built this mechanism precisely so that the state can intervene quickly and in a targeted