The Clare based Deputy Vice President of the Irish Road Haulage Association is warning further fuel protests \u2018aren\u2019t too far away\u2019.<\/p>\n
It comes as the Government faces calls to extend fuel supports which are due to be phased out from the end of this month.<\/p>\n
Cuts to excise duty and the NORA levy are due to be phased out from September 1st, which will see petrol rise by nine cent a litre and diesel by 10.<\/p>\n
Once the levies are fully reinstated, it would mean a 32-cent increase to a litre of diesel and a 27-cent increase for petrol by January.<\/p>\n
Since the beginning of last month, prices at the pumps have already seen large increases, with diesel 19 cent a litre higher, while consumers are paying nine cent a litre more for petrol<\/p>\n
Sixmilebridge Fuel Merchant, PJ Ryan, says the situation will worsen when people begin purchasing home heating oil for the winter months.<\/p>\n
The Irish Road Haulage Association says prices have now risen to the same threshold that triggered nationwide fuel protests in April.<\/p>\n
Its Deputy Vice President is warning an increase of another couple of cent per litre could set the wheels in motion for protesters to take to the roads again.<\/p>\n
Ennis haulier Eugene Drennan says it would be foolish for Government to let prices keep climbing above their current level.<\/p>\n
Listen here:<\/p>\n
\u00a0<\/p>\n
Meanwhile, the US military has fired on a Panamanian-flagged ship in the Gulf of Oman, after accusing it of trying to evade the American blockade on Iranian ports.<\/p>\n
Four crew members were killed when Yemeni rebels attacked a vessel at the entrance to the Red Sea.<\/p>\n
Iran says the Strait of Hormuz will remain closed unless Washington accepts its conditions.<\/p>\n
Oil prices have risen again today, with Brent crude spiking to almost 90 dollars a barrel, an 11-dollar increase in the space of a week.<\/p>\n
Former British Diplomat who worked in the Middle East, Alexander Dragonetti, says it\u2019s unlikely there will be a peace deal before the US elections in November.<\/p>\n","protected":false},"excerpt":{"rendered":"The Clare based Deputy Vice President of the Irish Road Haulage Association is warning further fuel protests \u2018aren\u2019t…\n","protected":false},"author":2,"featured_media":591746,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-591745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/591745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=591745"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/591745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/591746"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=591745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=591745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=591745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}