US-Israel war on Iran to hit Irish construction sector and infrastructure projects
The war in the Gulf will hit the Irish construction sector and large-scale infrastructure projects because of disruption to a wide range of supply chains, according to a new report.Arcadis, a global design, engineering, and management consultancy firm, has published itsâ¯Spring 2026 Ireland Market View Report, which examines macroeconomic trends, sector performance and future projections for the Irish construction market.On the war in the Gulf, it noted the differences between the parties âappear difficult to reconcileâ. Despite the âpowerful economic and political forces that favour a dealâ, their positions are now âclearly entrenchedâ, with implications for Irish construction.Although renewable energy provides a large share of Irelandâs electricity supply, more than 80 per cent of Irelandâs total energy demand is imported, it notes.READ MOREThe internet is deciding what to forgetCo-parenting after separation can be a minefield for conflict, especially around financesHow to invest in commodities like crops, metals and fuelWhat tax liability arises if I send a cash gift to my daughter who is based in UK?Beyond energy, the Gulf region is a âmajor producerâ of fertiliser, plastics and aluminium, as well as âessential precursorsâ used in the manufacture of copper and silicon chips.âAs a result, the conflict could disrupt a wide range of supply chains,â it said.âUnder the most optimistic scenarios, it will take three to six months to return to pr...