Petrol prices rise

Petrol prices rise

The cost of refueling at the nation’s forecourts will this morning suffer its first significant increase since May.

Unleaded fuel is to rise by around two cents a litre, reaching an average cost of 1 euro and 50 cents a litre. Diesel increases by one cent a litre to 1 euro and 33 cents.

These latest increases are being blamed on the rising tensions between the United States and Iran in the Persian Gulf, coupled with a drop in American oil reserves.

 

Brendan de Beer