Chambers Ireland responds to the Government’s fuel interventions

Chambers Ireland responds to the Government’s fuel interventions

24 March 2026

Chambers Ireland has today responded to the Government’s targeted interventions amid escalating fuel costs facing consumers and businesses across the country. The war in the Middle East has been ongoing for almost a month and business confidence has been knocked in the face of growing uncertainty around global trade and energy market disruption. This instability has been more strongly felt by energy-intensive businesses, SMEs and vulnerable consumers. The measures announced today will be a reprieve to some of those most impacted but will still leave many businesses exposed to significant cost pressures.  

Speaking after the announcement was made by Government, Chief Executive of Chambers Ireland, Ian Talbot, said:

“The introduction of swift, short-term measures that are targeted at the sectors and individuals most vulnerable to fuel price inflation are proportionate and should give some relief to those affected.  

A peaceful resolution to the conflict in Iran will hopefully be realised in the near-term. In this case, it is appropriate to introduce time-bound, temporary measures that can restore consumer confidence. The situation will need to be monitored and the impact on businesses and consumers should be managed with further measures needed if there is continuing price volatility and no sign of a resolution in the medium term. This includes the risk of further price spikes, potential supply chain disruption, as well as the impact on fertilisers and associated sectors.  

Chambers Ireland have consistently cautioned that high energy prices have damaging consequences for businesses, the competitiveness of the Irish and European economies, and the labour market. Ireland’s vulnerability to global energy shocks emphasises the need for accelerated delivery of domestic renewable energy projects and robust public transport networks. Energy security and sustainable transport should be a strategic ongoing priority and not just a point of reference during times of geopolitical instability.”

ENDS