Business

IEA to Recommend Record 400 Million Barrel Oil Release Amid Iran Conflict

Business Web Reporter - 2026-03-11

The International Energy Agency (IEA) is set to recommend the release of 400 million barrels of oil, the largest such move in the agency’s...

Revolut Launches UK Banking Services After Licence Restrictions Lifted

Business Web Reporter - 2026-03-11

Revolut announced on Wednesday that UK regulators have lifted restrictions on its banking licence, allowing the fintech company to begin offering current accounts to...

Construction Industry Warns Rising Oil Prices Could Increase Building Costs

Business Web Reporter - 2026-03-10

Concerns are growing within the construction sector as rising oil prices linked to the ongoing conflict involving the United...

ESB Networks Investigates Smart Meter Error After Customers Report Huge Electricity Charges

Business Web Reporter - 2026-03-10

Electricity network operator ESB Networks has apologised to households and businesses after a system issue caused some smart meter...

European Stocks Slide as Oil Soars Amid Middle East Tensions

Business Web Reporter - 2026-03-09

European shares tumbled to their lowest levels in over two months on Monday, driven by surging oil prices and...

Oil Surges Past $100, Raising Concerns Over Inflation and Energy Security

Business Web Reporter - 2026-03-09

Oil prices surged past the $100 mark on Monday, reaching levels not seen since mid-2022, raising questions about potential...

Dollar Posts Strongest Weekly Gain in Over a Year as Middle East Tensions Shake Markets

Business Web Reporter - 2026-03-08

The US dollar recorded its strongest weekly performance in more than a year as investors sought safety in the...

Middle East Conflict Pushes Irish Fuel Prices Higher, Sparking Concern

Business Web Reporter - 2026-03-07

It has been a week since the US and Israel began air strikes on Iran, prompting retaliatory attacks from...

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