Irish Enterprise Minister Peter Burke has denounced the abuse of forecourt workers during fuel price surges, as the Consumer Protection Commission investigates potential price gouging following geopolitical tensions.
Qatar's energy minister warns conflict could drive oil to $150+ per barrel, triggering global economic downturn and soaring energy bills worldwide.
Labour spent over £4.5 million on a Net-Zero advertising campaign promoting electric vehicles, while data shows only 24% of EV sales go to private buyers. Critics call it wasteful and ideological.
Meg O'Neill, BP's incoming chief executive, will receive at least £11.7 million this year, more than double her predecessor's pay. The historic appointment makes her the first woman to lead the 117-year-old oil giant.
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Jonathan Brearley, head of Ofgem, is stepping down at month's end to become permanent secretary at the Department for Energy Security and Net Zero, with Tim Jarvis as acting CEO.
Brent crude oil prices have surged past $88 per barrel, marking a potential record weekly increase since the pandemic, as shipping through the vital Strait of Hormuz nears a standstill due to Middle East tensions.
Wholesale gas prices have nearly doubled following Middle East tensions, prompting major suppliers like Octopus Energy to withdraw fixed-price tariffs and introduce exit fees, impacting UK households.
Over 1.5 million UK households face surging heating oil costs due to Middle East conflict, with prices reaching levels not seen since Ukraine invasion.
Qatar's Energy Minister predicts all Gulf energy producers will stop exports within weeks due to Iran conflict, potentially sending oil prices to $150 a barrel.
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The US-Israeli strikes on Iran are triggering a major UK cost-of-living squeeze, with energy bills, mortgage rates, and grocery prices set to surge for months. Experts warn of prolonged economic fallout.
Octopus Energy has introduced £75 exit fees on new fixed tariffs, with CEO Greg Jackson defending the move as wholesale energy prices double. Consumer champion Martin Lewis has raised concerns.
Greg Jackson, CEO of Octopus Energy, warns energy markets are in turmoil as Middle East conflict drives wholesale gas prices to double, forcing tariff hikes and exit fees.
A petrol station manager in Worcester reports an 8p per litre price hike in under a week due to Middle East tensions, with further increases expected as wholesale costs rise.
The Philippines has mandated energy consumption reductions due to soaring fuel prices triggered by the Middle East conflict, aiming to stabilise the national economy.
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Russia's government plans a meeting to discuss cutting gas supplies to Europe, following Putin's warning amid rising energy prices and EU sanctions.
Bahrain's oil infrastructure targeted by Iranian drones, causing significant fire at BAPCO Energies refinery. Gulf states and EU condemn attacks as regional security deteriorates.
US gasoline prices surged 28 cents per gallon in a week following military strikes in Iran, prompting White House officials to urgently seek solutions while downplaying concerns.
An in-depth review of Octopus Energy's solar panel offerings, examining costs, installation quality, warranties, and potential savings for UK households considering renewable energy solutions.
Households reliant on heating oil face immediate price spikes, with Northern Ireland particularly affected. Global oil market volatility drives costs up by £100 in a week.
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Massive blackout in western Cuba enters second day as crews work to repair a damaged thermoelectric plant, with officials warning restoration could take days amid chronic grid and fuel issues.
The Kremlin plans discussions on stopping gas exports to Europe following Putin's warning about cutting supplies immediately due to soaring energy prices and EU sanctions.
Irish politicians report 'outrageous' fuel price hikes for heating oil and motor fuel, with some costs doubling in days. The government urges reporting to competition watchdog.
Petrol and diesel prices have risen sharply after oil surged to its highest level in over a year, driven by Middle East tensions and supply disruptions.
Susie Wiles pressures officials to lower gas prices after Iran conflict disrupts oil supplies, causing a major spike at the pump ahead of midterm elections.
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The UK government is considering measures to offset soaring household energy bills, with prices surging due to the US bombing campaign against Iran. Forecasts warn of a £160 annual rise, threatening Labour's claim of lowering costs.
Independent readers express frustration over potential £500 energy bill surge, blaming volatile markets and policy failures as Iran conflict threatens to worsen cost of living pressures.
Vladimir Putin has threatened to halt Russian gas supplies to Europe immediately, citing market shifts from Middle East conflict and Western sanctions, risking further energy price spikes.
UK drivers are urged to check and replace worn tyres promptly, as escalating tensions in the Strait of Hormuz could drive up oil and shipping costs, leading to significant tyre price increases.
A major blackout has left millions in Havana and western Cuba without power after a boiler leak shut down a key thermoelectric plant, highlighting the island's severe energy crisis.
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Government insiders warn of potential household bailouts as Middle East turmoil sends energy prices soaring, with experts predicting a £500 annual increase in bills by summer.
