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There are concerns in the construction industry over the rising costs of oil as the US-Israeli war with Iran continues.

Speaking on RTÉ's Morning Ireland, the CEO of the Construction Industry Federation said that fears are mounting over prolonged shipping disruptions.

"We are a small island economy, so a big component of all our material costs are transportation and logistics," Andrew Brownlee said, adding that energy price shocks like the one observed in the past week have a "major impact" on the costs across the construction industry.

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