Hold on to your hats because Ireland is on the verge of another meltdown only they won’t say it outright.Instead, we get this”The Department of Finance is preparing for economic uncertainty as Middle East conflict impacts oil, gas, and financial markets”

Harris ‘concerned’ about potential rises in costs following Middle East conflict

Shocks to the financial markets, the impact on oil and gas prices and increased economic uncertainty are the three key potential impacts of the escalating conflict in the Middle East the Department of Finance is preparing for, the Tánaiste has said.

Speaking to reporters after a meeting of the Government Trade Forum, Simon Harris was asked if he was concerned about potential price rises, he said: “I am concerned.

“The three things I’m most concerned about at the moment are the degree of economic uncertainty this conflict injects into a world where there is already a lot of uncertainty.

Paddy McKenna

@paddymacc1