The Department for Work and Pensions is providing over £50 million in immediate assistance to vulnerable households using heating oil, with funding distributed via local councils through the Crisis and Resilience Fund.
National Gas forecasts sufficient gas stocks to meet British demand this summer, with potential for exports to Europe, despite price surges from Middle East conflict disruptions.
National Gas confirms Britain's gas stocks will meet domestic demand this summer and allow exports to Europe, despite price surges from Middle East tensions affecting global markets.
PacifiCorp, parent of Rocky Mountain Power, has scrapped plans for new wind and solar projects through 2045, citing the repeal of Inflation Reduction Act tax credits. The utility now projects rising emissions and delayed coal retirements.
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Rolls-Royce has secured nearly £600 million from the UK's national wealth fund to develop small modular nuclear reactors at the decommissioned Wylfa power station on Anglesey, creating jobs and boosting energy security.
Former Chancellor Jeremy Hunt advocates for a social tariff to aid low-income households as rising energy costs from the Iran war threaten to reduce incomes by £480 this year.
Chancellor Rachel Reeves says a new deal to develop mini nuclear reactors is crucial for energy security as the Iran conflict drives up global fossil fuel prices.
Swansea taxi driver Clare Johnson faces a £50 weekly fuel cost surge due to the Iran war but cannot raise fares without council approval, highlighting a regulatory bind for licensed cabbies.
The relentless rise in UK petrol and diesel prices has nearly halted after a temporary ceasefire in the Iran conflict, with Brent crude staying below $100 a barrel, though volatility remains high.
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Government-owned GBEN signs landmark contract with Rolls-Royce SMR to develop three Small Modular Reactors, generating power for three million homes and creating thousands of jobs.
Petrol and diesel prices in the UK have nearly stalled after 43 days of increases, with experts warning that further reductions depend on the fragile Middle East ceasefire and Strait of Hormuz tensions.
A new surge in oil prices above $100 a barrel, driven by collapsed Middle East peace talks and geopolitical threats, threatens to derail hopes of falling pump prices for millions of UK motorists.
Oil prices have surged above $100 per barrel following President Trump's announcement of a US blockade of the Strait of Hormuz, a critical global shipping lane. The move has heightened tensions with Iran, though market reactions remain relatively muted as
Brent crude oil surged over 7% to $102 a barrel after Donald Trump announced plans to blockade Iranian ports, reversing a recent dip amid failed ceasefire talks.
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Ofgem has issued an urgent alert about illegal energy meter tampering, warning households they could be breaking the law and risking serious injury or death.
Brent crude oil prices have surged past $100 per barrel after US President Donald Trump pledged to blockade Iranian ports, ending ceasefire talks. The UK government supports expanded North Sea drilling as global energy crisis fears intensify.
New research reveals average UK households will be £480 worse off this year due to soaring energy costs from the US-Iran conflict, reversing income forecasts and prompting calls for a social tariff.
Brent crude surges past $100 a barrel after Donald Trump threatens to block Iranian ports, ending ceasefire talks. UK supports North Sea licensing amid global energy fears.
Western Australia is considering building a state-owned diesel stockpile to strengthen energy security and supply chains, focusing on remote communities and mining operations.
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Britons brace for economic pain as oil prices surge above $100 a barrel following failed Iran negotiations and Donald Trump's threat to blockade the Strait of Hormuz, with Keir Starmer ruling out UK involvement.
Oil prices have surged above $100 per barrel after the US imposed a naval blockade targeting Iranian shipping through the Strait of Hormuz, with analysts warning of inflation risks for the global economy.
The Iran war is disrupting global fossil fuel supplies, exposing energy system vulnerabilities and accelerating demand for renewables, where China leads in solar, batteries, and EVs.
The US military announced a blockade of all Iranian ports effective today, causing crude oil prices to jump sharply as tensions escalate in the Strait of Hormuz.
Energy Minister Chris Bowen announces Australia's energy security planning assumes the Strait of Hormuz may stay closed, with global fuel supply disruptions expected to continue.
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New research reveals UK households will be £480 worse off this year due to energy price spikes from the US-Iran conflict, reversing forecast income growth despite recent ceasefire.
Global oil prices have risen sharply after the US declared it would blockade Iranian ports starting Monday, impacting key shipping routes and market stability.
Irish premier Micheal Martin announces €505 million in fuel duty cuts and carbon tax delay after emergency Cabinet meeting. Protests had strangled fuel distribution nationwide.
Irish premier Micheál Martin announces €505 million in fuel-cost measures, including duty cuts and carbon tax delay, following widespread protests that disrupted distribution.
Farmers in England are reportedly organising fuel protests due to soaring diesel prices reaching £2 per litre, driven by the US-Israel-Iran war and Strait of Hormuz closure. The NFU opposes disruptive actions despite economic pressures.
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The World Bank and IMF caution that escalating tensions in Iran could disrupt oil supplies, driving up energy costs and inflation worldwide, with potential economic repercussions.
