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Oil price surge 'bears no reflection' to costs in Ireland

Mar 5, 2026 11:24
By Shannonside News
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Oil price surge 'bears no reflection' to costs in Ireland

Fuels for Ireland insists the increases are 'absolutely in line' with wholesale international prices.

The Enterprise Minister says the hike in prices here bears no connection to what is happening to oil prices internationally.

Peter Burke is calling in fuel retailers for a meeting tomorrow over alleged price gouging since the military action began in Iran last weekend.

However, Fuels for Ireland insists the increases are 'absolutely in line' with wholesale international prices.

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Minister Peter Burke is urging people to report suspected overcharging to the CCPC:

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