Further 'significant' hikes in fuel costs likely in the coming weeks, Cabinet told

A new research study has found 60% of Irish road users will only re-fuel their car when their fuel gauge is in the red.

Homeowners, motorists and business owners are facing further "significant" rises in fuel costs in the coming weeks and months, a confidential Cabinet memorandum on Ukraine has warned.

The memorandum, seen by the Irish Examiner, outlines that the increase in prices by Bord Gáis last week is likely to be replicated by other suppliers in the market in the coming days and weeks.