The Institute for Energy Security has asked the government to temporarily stop charging the Price Stabilisation and Recovery Levy.
This call comes as global oil prices continue to increase significantly.
IES believes suspending the levy will help reduce the financial burden on consumers who are struggling with rising fuel costs.
The levy is intended to help stabilise fuel prices, but its suspension is now seen as a necessary step to ease economic pressure on citizens.
The exact impact of the levy suspension on government revenue and fuel prices requires further analysis.