Oil prices have surged to their highest levels in years amid rising tensions in the Middle East, briefly topping 126 dollars a barrel before pulling back again in volatile trading.
There are growing concerns that any escalation involving the US and Iran could disrupt global supply and impact economies worldwide—including here in Ireland.
To help us make sense of it all, Alan Morrissey was joined on Friday's Morning Focus by Ennis-based economist Micheál Collins.
Photo (c) Petra Malaeru's Images via Canva