Ciarán Hancock

speaker

1,838 appearances 14 recordings 1 series first heard May 2026 last heard 6d ago

Ciarán Hancock’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 14 in all, peaking in Sep 2026 with 3.

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Inside Business with Ciaran Hancock · Could we be heading toward a world recession if Trump can’t broker a deal with Iran? · 13 May 2026 podcast

So I began by asking John Fitzgerald to remind us of the impact to date of the Iran war on price and the supply of oil globally.

Here we go.

All right, this is all to do with the straightforward moves.

Cliff, what's been the impact in Ireland so far?

And we saw a big spike in prices for home heating oil when this war broke out initially.

And prices went up at the pumps.

But as I say, the government introduced measures to reduce excise duty.

So that moderated the increases.

John, you were in front of an Oireachtas committee, the Budget Oversight Committee this week, talking about what the impact could be on Ireland if the war doesn't come to an end.

And we hope it does soon.

And there are talks going on in the background.

No deal yet.

So who knows?

So what will the impact be?

That's very stark.

When you talk about seven and a half billion, that's cost to consumers, to businesses, to the government, etc.

Now, the government has flagged a 9 billion surplus for this year, higher than we previously expected.

So it can go a long way, can't it?

So, John, in terms of jet fuel, where does Ireland stand in terms of how much is available and also the price of jet fuel going forward and what that might mean for consumers in terms of their holidays or breaks?

In Europe, yeah.

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