Price of day-to-day items to soar and food shortages possible in 'war economy', warns Taoiseach

Ireland is heading towards becoming a "war economy" whereby the price of many day-to-day items will soar, Taoiseach Micheàl Martin has warned.

Ireland is heading towards becoming a "war economy" whereby the price of many day-to-day items will soar, Taoiseach Micheál Martin has warned.

Speaking in London, as road hauliers warn the price of fuel could top €3 a litre, Mr Martin admitted the war in Ukraine will have a severe impact on Ireland "in terms of the price of many products”.