Taoiseach warns of ‘price gouging’ as home heating oil surges after Iran strikes

Government orders energy market review as heating oil prices spike sharply following US-Israeli strikes on Iran
Taoiseach warns of ‘price gouging’ as home heating oil surges after Iran strikes

The Taoiseach was asked about reported increases in petrol and home heating oil costs.

Taoiseach Micheál Martin has said there is a “degree” of price gouging by fuel companies after home heating oil prices soared following US-Israeli strikes on Iran.

Mr Martin said both the Commission for Regulation of Utilities (CRU) and the Competition and Consumer Protection Commission (CCPC) should carefully monitor developments.

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