Government 'must act now' on 'extortionate' price of home heating oil, Dáil told

On Tuesday, the average cost of 500 litres of oil stood at €619, up from €495 on February 27. On Thursday, the oilprices.ie website reported an average price of €793.50. Picture: iStock

Families are seeing hundreds of euro added to the cost of home heating oil, the Dáil has been told.

During leaders' questions on Thursday, Tánaiste Simon Harris said the Government had been receiving "many reports across the country of what many people are referring to as price gouging" in response to the war in Iran and its knock-on impacts on oil imports.