Oil price surge over $100 threatens petrol costs
Oil soared over US$100 a barrel after Trump threatened a massive attack on Iran, potentially worsening cost of living pressures in Australia.
Category : Energy
Fuel prices set to reach new Iran war high as oil tops $100
Fuel prices could hit a new high as oil breaches $100 a barrel, with pump prices surging due to US-Iran hostilities and Strait of Hormuz closure, RAC warns.
Petrol drivers warned of surging prices at pumps on Saturday
Petrol and diesel prices have surged and are expected to climb further, with the cost to fill an average car now £86 for petrol or £95 for diesel.
Fuel prices 'shooting up like a rocket' amid Iran tensions
UK drivers face sharp fuel price rises as oil spikes near $100 amid Middle East tensions, with petrol heading to 160p and diesel to 180p, warns RAC.
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EasyJet Profits Plunge 70% on Fuel Costs Amid Iran War
EasyJet reported a 70% drop in pre-tax profit to £85m for April-June, hit by soaring fuel costs from the Iran war and later bookings, as takeover bids from two US firms loom.
Oil price tops $100 as Houthis target Saudi tankers
Oil price rises above $100 a barrel as Houthi attacks on Saudi tankers in Red Sea escalate Middle East conflict, threatening global supplies.
Oil price hits two-month high as US-Iran ceasefire breaks down
Brent crude surged 6.9% to $100.6 a barrel after fresh Red Sea attacks threatened to escalate the Middle East conflict, with UK petrol prices rising.
British Gas boss warns 'time is running short' for winter gas
Centrica CEO Chris O’Shea warns the UK's largest gas storage site, Rough, will be 'close to exhausted' by winter, urging government investment.
Petrol Drivers Face 20p Per Mile Charges Under PM Burnham
Petrol drivers are facing 20p per mile charges as Andy Burnham becomes Prime Minister, with unleaded at 154.89p per litre and diesel at 170.98p.
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Cheapest petrol and diesel in Greater Manchester 23 July
Costco Wholesale in Stretford offers cheapest petrol at 143.9p per litre in Greater Manchester on 23 July, saving up to £10 vs most expensive station.
Lord Sugar warns ITV fans about 'sneaky' £5 ITVX fee
Lord Alan Sugar warned ITV fans to 'watch out' over a 'sneaky' streaming practice and asked regulators to 'investigate' the £5 fee for ITVX Premium.
Oil price tops $95 as Middle East conflict escalates
Oil price breached $95 a barrel for first time in six weeks amid Middle East conflict. UK inflation fell to 2.6% in June, beating expectations.
UK invests £700m in AI drone defence amid arms race
Defence Secretary Wes Streeting announces £708m contract extension for BAE Systems to develop AI-powered combat aircraft, warning the UK must match adversaries' AI development speed.
Air fryers vs ovens: Which is cheaper to run for dinner?
Air fryers are cheaper to run than ovens for the same meal, according to the Energy Saving Trust, though ovens are better for batch cooking.
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Andy Burnham cuts VAT on home EV charging, saving £65 a year
New PM Andy Burnham slashes VAT on household electricity from 5% to 0%, saving electric car owners around £65 annually on home charging bills.
Beckham's £19m World Cup earnings top Shakira and Bieber
David Beckham earned an estimated £19m from the World Cup, surpassing Shakira (£15m) and Justin Bieber (£12m), according to market analysts.
Andy Burnham's Dad Unaware He's New PM Due to Alzheimer's
Andy Burnham reveals his father with Alzheimer's doesn't know he's about to become PM, vowing to reform social care.
Big Issue Founder Urges Burnham on Empty Homes
Big Issue founder Lord John Bird calls on Andy Burnham to give councils stronger powers to buy or lease empty homes, as over 1 million families wait for social housing.
Cairo Airport's £3.2bn Upgrade to Double Capacity
Cairo International Airport, Africa's busiest, is investing £3.2bn in a fourth terminal to double its capacity to 60-70 million passengers annually, following a 6.8% passenger increase in 2025.
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Lidl Champagne Wins World's Best Title at £25
Lidl's own-label Champagne Bissinger & Co., priced at £24.99, has been named World's Best Champagne at the 2026 World Drinks Awards, beating luxury brands like Moët & Chandon.
Celtic Boycott: Empty Stands at Parkhead for Middlesbrough Friendly
Celtic fans staged a boycott, leaving entire stands empty at Parkhead for a pre-season friendly against Middlesbrough, which ended in a 1-1 draw. Camilo Duran scored his first goal for Celtic.
Wessex Water CEO Gets 14% Pay Rise Despite Bonus Ban
Wessex Water awarded CEO Ruth Jefferson a 14% base salary increase to £670,000, far above the 3.5% given to workers, despite a bonus ban due to sewage spills. Her total pay reached £791,000.
New Vaping Products Duty: £2.20 per 10ml from October 1
A new Vaping Products Duty will charge £2.20 per 10ml of e-liquid plus VAT from October 1, 2026, aiming to deter non-smokers and youth while maintaining financial incentive for smokers to switch.
Martin Lewis warns UK energy bills set to rise after US-Iran strikes
Martin Lewis predicts energy bills will rise materially for winter after renewed US-Iran strikes close Strait of Hormuz, spiking oil prices. The July price cap already rose 13%.
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Falklands Oil Boom Could Triple Income, Sparking Fury
An oil boom in the Falklands could triple the islands' income, with peak taxes and royalties of £80,000 per resident. Argentina has condemned the project as illegitimate.
Live-Action Moana Flops With $95M Global Opening
Disney's live-action Moana remake earned just $95 million globally against a $250 million budget, with a $43 million North American opening, despite being No. 1.
Trump demands 20% fee on all cargo shipped
Donald Trump claims the US will impose a 20% fee on all cargo shipped, reinstating the Iranian blockade and warning of further actions.
Glasgow Central Station Concourse Reopens After Fire
Glasgow Central station's concourse fully reopened on July 13, four months after a fire destroyed a nearby B-listed Victorian building. The last exclusion zone was removed, and Union Street and Gordon Street entrances will reopen on July 17.
Charlotte Hawkins: 2:30am Starts, Motherhood, and Social Media Fears
Charlotte Hawkins reveals the impact of her 2:30am alarm for Good Morning Britain, juggling motherhood, and her support for social media restrictions for under-16s.
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New £1.87 Charge for UK EV Drivers from July 1
UK electric vehicle owners face a £1.87 increase per home charge due to Ofgem's new energy price cap effective July 1, raising annual costs to £97.24 for weekly charging.
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