The International Energy Agency has agreed the largest release of oil reserves in history, while the EU is considering measures to subsidise gas prices. Yet oil continues to climb as the Strait of Hormuz remains blocked and Tehran threatens prices of up to $200 a barrel while targeting tankers. So how bad could the economic fallout become - and should the government cut energy taxes and suspend the carbon tax to protect Irish consumers?

Plus, as the Taoiseach prepares to travel to Washington, reports suggest he is bringing a promise of $6.1 billion in investment to the Oval Office. But with tensions escalating globally, could Ireland’s foreign direct investment advantage face new risks?

Guest presenter Shane Coleman is joined by:

Naoise Ó Cearúil TD, Fianna Fail

Sorca Clarke TD, Sinn Féin

Aidan Regan, Professor of Political Economy, UCD

Kevin Doyle, Group Head of News, Irish Independent

Sean Bell, Military Analyst

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