We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

The Explainer
The Explainer
10 Mar 2026
How bad could the looming energy crisis get?
00:00

The price of oil has surged again. The Strait of Hormuz remains effectively closed to shipping. Major Middle Eastern production hubs have declared force majeure. Is Ireland looking at a repeat of the economic shocks of the 1970s, or is there still a chance for the damage to be more short-term? We’re joined by Dr Emma Howard, an economist at TU Dublin