Motorists are advised against rushing to petrol stations as Middle East tensions push oil prices higher, with industry leaders confirming ample UK fuel supplies and gradual price adjustments.
Motorists across Britain are queuing at petrol stations as fears of an oil price surge due to the Iran conflict grow, while Chancellor Rachel Reeves meets with North Sea oil bosses.
An industry expert warns that President Trump
Thames Water reports a 42% revenue surge driven by bill increases, while customer complaints jump 75%. Rescue talks with creditors continue to avoid collapse.
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Prime Minister Keir Starmer commits to coordinating with Northern Ireland
As Scottish politicians celebrate World Cup qualification, Mossmorran plant job losses expose Net Zero policy tensions. Read how Holyrood debates energy crisis.
Escalating conflict in Iran disrupts Middle East oil shipments, driving up global energy prices and providing Russia with increased revenue to fund its war in Ukraine through higher oil and gas exports.
Tara Singh of RenewableUK calls for expanded North Sea oil and gas drilling, citing vulnerability to price shocks, as Energy Secretary Ed Miliband faces mounting pressure over Labour
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Chancellor Rachel Reeves met with North Sea energy bosses, including BP and TotalEnergies, to discuss ending the windfall tax amid Middle East conflict volatility.
Global oil prices have climbed sharply as Donald Trump threatens Iran with destruction unless it lifts threats to shipping in the Strait of Hormuz, impacting UK fuel costs and stock markets.
Analysis reveals the UK saved £2.5bn last year using domestic North Sea gas instead of imports, as calls for more drilling clash with renewable transition pressures amid rising LNG costs.
Ofgem introduces new £40 automatic compensation for smart meter delays affecting major suppliers like British Gas and Octopus, aiming to boost uptake and unlock cheaper tariffs.
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Official forecasts suggest Labour
Gas prices in Mono County, California, have surged to $6.721 per gallon, the highest in America, forcing residents to drive 120 miles to Nevada for cheaper fuel amid the ongoing Iran conflict.
A leading thinktank warns that rising oil and gas prices from Middle East tensions could wipe out £300 in living standards growth for UK households, adding £500 to energy bills.
A massive fire erupts on a Pemex oil platform in the Gulf of Mexico, triggering emergency evacuations and raising serious safety concerns about Mexico
Labour ministers face hypocrisy claims as they oppose Britain
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The Kashiwazaki-Kariwa nuclear power plant, operated by TEPCO, has restarted for the first time since the 2011 Fukushima disaster, highlighting Japan
Public Expenditure Minister Jack Chambers says government intervention on energy prices is currently highly unlikely despite consumer pain from home heating oil and fuel increases.
Soaring oil and gas prices due to Middle East supply disruptions from the Iran war are strengthening Russia
Fatih Birol of the International Energy Agency states the blockade of the Strait of Hormuz creates a more severe energy disruption than the crises of 1973, 1979, and 2002 combined, with Brent crude rising above $111.
The International Energy Agency
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The Guardian has issued a correction regarding fuel poverty statistics in England, clarifying the number of households spending over 10% of income on energy after housing costs.
Senate Republicans propose slashing funding for US energy grid modernisation by 25%, a move critics warn could exacerbate rising household bills and grid reliability issues. Discover the implications.
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UK petrol and diesel drivers are advised to fill up before Thursday 5pm for best prices as global oil prices drop following a conditional ceasefire deal reopening the Strait of Hormuz.
As Middle East conflict disrupts oil supplies, UK energy providers pull deals. Martin Lewis advises securing fixed-rate tariffs to avoid looming price hikes.
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Chancellor Rachel Reeves confirms a £150 cut to household energy bills from April. Energy Secretary Ed Miliband urges suppliers to extend the saving to those on fixed tariffs. Read the full story.
