Oil prices have recently fallen to a three-month low, offering temporary relief to consumers. However, Fuels for Ireland, a representative body for the fuel industry, is warning of impending price increases. These rises are expected to occur next month when current government excise cuts on fuel are scheduled to end. The organization states that without a new plan to mitigate the impact, fuel prices will inevitably increase. The excise cuts were initially implemented to offset rising global energy costs and provide affordability for consumers. Fuels for Ireland is urging the government to consider alternative measures to prevent a significant jump in prices at the pump. The timing of the excise cut expiry coincides with ongoing concerns about global oil supply and demand.