Fears of further fuel and food price hikes as Ukraine crisis worsens

A bus takes passengers of an evacuation train for civilians from Donbass at Aprelevka railway station, near Moscow. Picture: Getty 

Households are to be hit with further food and energy hikes with experts predicting that crude oil prices could climb by a further 25% because of the Ukraine crisis.

Taoiseach Micheál Martin has also warned that families should brace themselves for further pain at a time when inflation is already running at its highest levels for a generation.