Irish shares that had plunged on Monday morning, in tandem with markets across Europe, on fears the Gulf oil crisis is set to intensify. But the shares rebounded with extraordinary pace – the Iseq was up by 1.22pc at midday having been down 2.41pc at 10am. I hope we won't be in 2022 again in terms of markets performance, which was an 'annus horribilis' for diversified portfolios. "We're revisiting the stagflation playbook and looking for hedges such as renewable energy stocks and listed infrastructure. That hunt for investments that are better placed to ride out an energy crisis is unlikely to end, even as immediate concerns ease.

Source: Irish Independent March 23, 2026 11:55 UTC