Taoiseach cautions prolonged Iran war will drive inflation and energy costs

Taoiseach highlights risks of prolonged conflict, warning of inflation, energy disruption and pressure on key sectors like aviation and food

Taoiseach Micheál Martin speaking to the media ahead of a Cabinet meeting at Government Buildings in Dublin. Picture: Brian Lawless/PA Wire

Taoiseach Micheál Martin has warned that if the conflict in the Middle East continues “for any length of time”, it will have a “very significant impact” on the world economy, livelihoods, and will subsequently have a range of secondary effects.

This comes as Donald Trump gave a televised statement on the war in Iran, stating his "core objectives" are "near completion", after pledging the US would leave the country in two to three weeks.