Ireland's economy faces energy affordability crisis as Iran war rages
Airfind news item
Published on March 13, 2026.
Ireland's economy is facing rising fuel bills due to the Iran war, which has resulted in a potential energy affordability crisis for households and businesses. The conflict pushed oil prices above US$100 a barrel and they have already increased sharply, with drivers now paying about 2 euros per litre for a litre of diesel at many petrol stations compared to 1.72 euros a few weeks ago. The Irish Road Haulage Association has highlighted problems in Ireland's fuel market, claiming that the government takes over 65 percent of the price of a litrable petrol and over 60 percent of diesel through taxes. The business group Ibec has warned the government of urgent steps to address the growing energy affordability issue.
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