Tánaiste Simon Harris has vowed the Government will continue to keep fuel and oil prices under review despite a recent fall in costs. The price of oil recently surged past the key $100-a-barrel mark, with the conflict triggering a sharp rise in the price of home heating oil across Ireland. However, oil prices fell by around 7% on Tuesday morning following Mr Trump’s suggestions that the conflict is “pretty much” over. Speaking in Brussels, Mr Harris welcomed the drop in prices but said the Government continues to keep the situation under review. “We've seen oil prices, at least [on Tuesday morning], fall back on where they were [on Monday],” he said.

Source: Irish Examiner March 10, 2026 16:14 UTC