Is the worst over on oil prices? (opens original article in a new tab)

Oil prices dropped after a Middle East peace deal, but consumers in Ireland face ongoing energy cost increases due to infrastructure damage and delayed tanker shipments. Fuel tax cuts may expire, and electricity and gas prices have risen, adding financial pressure on households.

• Oil prices fell from $118 to $80 per barrel after a Middle East peace deal
• Ireland's government cut fuel excise taxes in March, which may expire in July
• Electricity and gas providers raised prices by 7.7% to 11.8%