Fuel prices could reach more than 2 euro a litre at garage forecourts in a matter of weeks, according to the head of an Irish fossil fuel exploration company.
The suspension of the Nordstream 2 pipeline along with international tensions around the situation in Ukraine will likely fuel further inflation.
Taoiseach Micheál Martin has said international sanctions on Russia will have a further impact.
Managing Director of Petrel Resources David Horgan says it means prices for the consumer are only going one way…………….
