The measures take effect from midnight on Tuesday.
The Government has announced a 10 cent cut in excise duty on petrol and diesel, with a further reduction of 2.4 cent on marked gas oil or green diesel.
The measures, which are subject to approval, are due to take effect from midnight on Tuesday and will remain in place until the end of July.
The planned increase in carbon tax has also been deferred until budget day in October, in what the Government says is a response to rising fuel costs.
Announcing the measures after an emergency Cabinet meeting this evening, Taoiseach Micheál Martin said the protests in recent days went beyond peaceful demonstration, warning no group has the right to block roads, ports or emergency services:
Meanwhile a number of Midlands road remain blocked off by protestors.
They include:
The N4, between junction 17 and 18 in Mullingar
The N6 between junction 8 and 9 in Athlone
The N52 around Tullamore remains closed from the Ballard Roundabout and the Arden Roundabout.
And the M7 around Portlaoise from junction 16 to 18.
Here's the scene on the M7 at Junction 17 with the Stradbally Church Choir supporting the demonstrators:
Sinn Fein says it will be tabling a motion of no confidence in the Government this week, when the Dail returns.
The party says the Government has failed to respond adequately to the problems households are facing, and has lost the confidence of the public.
Deputy leader Pearse Doherty says, problems aren't just confined to fuel and energy:
Aontú leader and Meath West TD Peadar Tóibín thinks the government's has made a serious mistake by refusing to speak to the people actually engaged in the protests:
Midlands Students Develop App To Support People Living With Scoliosis
Midlands Group To Deliver Ambulances To Uganda For Hospice Care
Laois Teen Wows Crowd At Greenfields Festival
Midlands Fundraiser Launched To Support Rural Communities In Africa
Ryanair Boss Criticises EU plan For Two Free Carry-ON Bags
Biodiversity Week Events To Take Place Across Laois, Offaly And Westmeath
Midlands 103 Shortlisted For Justice Media Awards
Teachers And SNAs Skydiving In Offaly For Life-Saving Surgery
Midlands Counties Go Purple To Raise Awareness Of Domestic Violence
Appeal Against Ashling Murphy Murder Conviction Set For July Hearing
Gardaí Issue M6 Update After Serious Collision
Man Jailed For 'Disturbing' Ex-Girlfriend Attacks After Breaking Suspended Sentence
RTÉ Back In Hot Water Over Presenter Salaries
Senior Member Of Crime Network Remains In Cusody
Offaly Carer Wins Regional Award
Summer Flights Going Ahead As Usual - Ryanair
Offaly TD Hopeful On STEM Officer Fund Solution
Ryanair Criticises Dublin Airport Expansion Plan
Midlands Broadcaster Honoured For Promoting Irish Culture
Offaly School Calls For Urgent Road Safety Measures