As Middle East conflict rages on, electricity is next to rise, while experts warn of two ECB increasesEnergy costs only to get worse as conflict continues, say expertsAs crude oil price surges, there are fears gas and electricity costs will be hit too. Stock imageCharlie Weston Today at 06:30Electricity prices are expected to increase, with financial markets now pricing in two European Central Bank (ECB) interest rate rises by the end of the year, as the conflict in the Middle East shows no signs of ending.

Source: Irish Independent March 10, 2026 14:31 UTC