Government rules out energy credits as Middle East war sparks potential cost-of-living crisis

Government sources dismiss the idea of cost-of-living aid for Irish consumers as US-Israel-Iran conflict expands across the Middle East

Junior minister Thomas Byrne said that prices “may well go up dramatically again, and it won’t just be fuel and electricity. It could be food supplies”. File photo

The Government has ruled out introducing cost-of-living supports and energy credits amid growing uncertainty about the economic impacts of the ongoing war in the Middle East.

Despite calls from opposition parties to introduce support for hard-pressed households, senior government sources said on Sunday night that they would not “play whack-a-mole” by introducing supports for every crisis that emerges.