Fuel prices rise again putting further pressure on motorists, AA warns
Fuel costs continue to climb with the prices of both petrol and diesel seeing monthly increases in June.
New figures released by AA Ireland on Thursday show the average price of petrol now costs €1.77 per litre, up 1c compared to May, with the price of diesel also rising by 1c to €1.69.
While the rise is modest, the AA said it adds further pressure on motorists already struggling to manage the high cost of living.
Meanwhile, electric vehicle (EV) charging prices remain stable, continuing to offer a reliable alternative, it added.
'June has brought a further rise in fuel prices, with both petrol and diesel seeing increases," said a spokesperson at AA Ireland.
"While the changes are relatively modest, they still add pressure for drivers, especially those commuting regularly. The continued stability of EV charging costs is a bright spot for those considering more sustainable motoring options.'
Oil prices inched higher on Thursday, extending gains from the previous day as a larger-than-expected draw in US crude stocks signalled firm demand, while investors remained cautious about the Iran-Israel ceasefire and stability in the Middle East.
Meanwhile, US President Donald Trump hailed the swift end to war between Iran and Israel and said Washington would likely seek a commitment from Tehran to end its nuclear ambitions at talks with Iranian officials next week.
Trump also said on Wednesday that the US has not given up its maximum pressure on Iran, including restrictions on sales of Iranian oil, but signalled a potential easing in enforcement to help the country rebuild.
Additional reporting from Reuters.
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