Cause of oil price surge could be closer to home
Low interest rates and the frenzy of flat-out currency printing presses are pushing investors to buy the black stuff, writes David McWilliams.
Have you noticed how expensive petrol is these days? It now costs over €100 to fill up an average family car. In Ussher's Quay the other day, there was a tailback of cars because a petrol station decided to offer a cut-price deal on petrol.
Why is the price of fuel going up?
Lots of media coverage is focusing on the Straits of Hormuz and the sabre-rattling between Iran, America and Israel at a time...
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