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AAP
AAP
Will Nicholas

SHOCKING: Fuel excise cut could return as prices skyrocket again - You Need To See This

Chris Bowen Labor Lukas Coch Iran Oil United States
The federal government says it has other potential cost relief measures apart from fuel excise cuts. (Jay Kogler/AAP PHOTOS)

A possible cut to the price of fuel is back on the cards as renewed conflict in the Middle East once again lights a fire under prices at the servo.

Labor has poured cold water on the proposal but has not ruled out reducing the 54 cents-a-litre fuel excise for the second time in fewer than six months, while stressing it has plenty of other cost relief measures left in its arsenal.

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