Just a day after the Taoiseach warned of of further fuel price hikes, petrol has gone above the €2 a litre mark.
It follows the decision by EU leaders to cut the amount of Russian oil coming into the bloc by 90 per cent.
In Brussels the Taoiseach warns there will be "rocky territory" over the next couple of years when it comes to the price of fossil fuels as a result of the new Russian oil embargo
Micheál Martin says there's a need to double down on renewables now
— Seán Defoe (@SeanDefoe) May 31, 2022
Yesterday Micheal Martin warned that the prices will continue to rise and it's hard to know by how much.
Forecourts across the country are now charging up to €2.08 a litre for petrol, however diesel prices which breached the €2 a litre mark last month, have moderated slightly.