In total, Ireland has spent around €755 million on fuel supports in recent months, as the country's fuel prices have surged since the start of the Iran war.
“The conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.
Although diesel prices in the U.S. have come down slightly in the latter half of April, there are still subtle pressures on the trucking freight market lurking under the surface.
A senior executive with South Korean PCB maker Daeduck Electronics said that the company has already started having conversations with customers regarding price increases.