"More than a third of the 1,500 service stations in the republic are out of fuel and that number is expected to grow dramatically if the roadblocks remain, Fuels for Ireland chief executive Kevin McPartlan said."
"Prime Minister Micheál Martin said Friday that the country was on the brink of turning tankers away during a global shortage and was in jeopardy of losing its oil supply."
"Truckers, farmers, and taxi and bus operators are among those who have staged the blockages and called for caps in fuel prices or cuts to excise or carbon taxes."
"The government approved a range of measures two weeks ago to cut fuel prices, including a temporary reduction in excise taxes on motor fuels, expansion of a rebate for truckers and bus operators that use diesel fuel."
Protests against rising fuel prices have caused major disruptions in Ireland, with many gas stations running dry. Truck and tractor drivers have blockaded the country's only fuel refinery and several depots for five days. Over a third of service stations are out of fuel, and the situation may worsen. The government has implemented measures to alleviate price increases, but frustration persists. Prime Minister Micheál Martin expressed concern over potential oil supply loss amid a global shortage linked to Middle Eastern conflicts.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]