View this email in your browser THE IRISH TIMES Business Today Wednesday, 11 March, 2026 Editor's Note Good morning, reader Storm Chandra in late January and rainfall in the days that followed is estimated to have resulted in almost €26 million of claims in the Republic, according to Insurance Ireland. Joe Brennan has the story. Joe also reports that Energia Group’s earnings rose almost 17 per cent on the year in the three months to the end of December, in advance of the all-Ireland power company’s upcoming sale to French private equity firm Ardian. Shares steadied this morning following a retreat in oil prices, ‌but investors remain anxious over the risks to inflation and global growth. A pullback in oil came after the Wall Street Journal reported that the International Energy ​Agency has proposed the largest release of oil reserves in its history to bring down crude prices. Continue Reading Peter Flanagan   TOP BUSINESS STORIES Markets Shares steady, oil turbulence deepens over Middle East war fears Business EVs ‘cheaper than diesel cars’ on second-hand market for first time Business Storm Chandra and aftermath caused estimated €26m of insured damage Business Energia’s quarterly earnings rise 17% in advance of French takeover Business MetroLink in deal for office headquarters in Dublin’s north docklands John McManus John McManus: We need a retrofit reality check; the figures don’t stack up and we can’t be bothered MORE BUSINESS STORIES Business Fingal County Council delays two major Glenveagh housing schemes Markets Saudi Aramco chief warns of ‘catastrophic consequences’ for oil market Business Rebound in global stock markets gains more steam on hopes of early end to Iran war Business Blackrock Clinic cofounder among objectors to south Dublin homes plan