The Australian Government is considering extending its temporary fuel excise cut as tensions in the Middle East continue.

Ongoing instability has raised concerns about global oil supplies and the risk of higher fuel prices.

Officials say the current tax relief has helped ease pressure on households and businesses facing rising costs.

The government will monitor global energy markets before deciding whether to continue the fuel tax reduction.

Any extension would aim to protect motorists from further increases at the petrol pump.

A final decision is expected in the coming weeks as uncertainty over global fuel supplies remains.