Oil Jumps 10%, Could Hit $100 Amid Middle East Chaos
Brent crude surged 10% to $80 a barrel as US-Israeli strikes on Iran triggered market panic. Analysts predict prices could exceed $100 if the Strait of Hormuz remains closed.
Category : Energy
Solar Panel Grants vs Upfront Payment: Which is Better?
Exploring whether solar panel grants or paying upfront costs deliver superior financial returns for UK households. Analysis of eligibility, flexibility, and long-term savings.
Hormuz Strait Block Could Halt 15m Barrels of Oil Daily
Escalating US-Israeli military action in Iran risks shutting the Strait of Hormuz, blocking up to 15m barrels of crude oil per day and potentially driving oil prices to $100 a barrel, threatening global economic stability.
Fuel Price Hike Expected After US-Israeli Strikes on Iran
Drivers face imminent petrol price increases as US and Israeli strikes on Iran disrupt oil shipments through the Strait of Hormuz, with experts warning of global distribution chaos.
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3 'Phantom' Devices That Quietly Hike Your Energy Bills
An energy specialist identifies common household appliances left on standby that drain hundreds of pounds annually from UK households through 'phantom load'.
EV Home Charging Costs Cut as Ofgem Lowers Energy Price Cap
Electric vehicle owners across Britain will see cheaper home charging from April after Ofgem announced a reduction in the energy price cap, making EVs even more cost-effective versus petrol and diesel cars.
Oil Prices to Surge After US-Israel Strikes on Iran
Analysts warn oil prices could spike sharply as US and Israeli strikes on Iran threaten to disrupt Middle East exports, pushing up fuel costs and inflation globally.
Fuel Price Surge Expected After US-Israeli Strikes on Iran
Drivers face imminent petrol price hikes as US and Israeli strikes on Iran disrupt Middle East oil shipments through the Strait of Hormuz, with experts warning of record pump costs.
Oil Prices Set for Swings Amid US-Israel Strikes Uncertainty
Oil traders anticipate significant price fluctuations next week following US and Israeli strikes on Middle Eastern oil infrastructure, with potential impacts on global supply chains and market stability.
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British Gas: Two-Second Thermostat Trick Cuts Bills 10%
British Gas advises lowering your thermostat by one degree to slash heating costs by 10% annually, as Ofgem confirms a price cap drop from April 1.
British Gas Expert Explains Energy Bill Savings After Ofgem Price Cap Change
An expert from British Gas clarifies Ofgem's latest energy price cap reduction, set to save typical households £117 annually from April 1, 2026, and advises on further savings through tariff switching.
Croatia Offers Oil to Hungary and Slovakia After Pipeline Damage
Croatia has offered to supply oil to Hungary and Slovakia via its Adria pipeline after the Druzhba pipeline was damaged, a move that could ease energy security concerns in the region.
£5 'Low-Effort' Item That Keeps Homes Warm and Saves Cash
Consumer group Which? identifies six common heating mistakes that drive up energy costs, including a simple £5 solution to prevent heat escape and reduce bills.
Petrol Prices Could Hit £2 per Litre by Summer 2026, Experts Warn
UK fuel costs are rising again after a brief decline, with global tensions and Trump's tariffs pushing oil prices higher. Experts advise filling up now as £2 per litre becomes a realistic possibility.
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UK Boosts EV Charger Grant to £500 for Home Charging Savings
The UK Government increases grants for home electric vehicle chargers from £350 to £500 from April 2026, aiming to make EV adoption more accessible and unlock savings.
Ofgem: DIY Draught-Proofing Saves Energy and Money
Ofgem reveals DIY draught-proofing as a low-cost method to reduce energy bills while keeping homes warm, alongside the new price cap drop from April 1.
Martin Lewis: Switch Energy Deal Now to Save Over £200
Consumer champion Martin Lewis advises households to switch to fixed energy deals, with savings exceeding £200 annually as the price cap falls by 7% from April.
Senators Demand LNG Export Freeze Amid Soaring Energy Costs
Democratic and progressive lawmakers, led by Senators Warren and Sanders, urge Energy Secretary Chris Wright to halt liquefied natural gas exports, citing rising utility bills for American families and contradicting Trump's campaign pledges.
Energy Debt Doubles to £5.5bn, Affects 2 Million Households
Household energy debt has more than doubled in three years to £5.5 billion, with two million households in arrears. Energy UK warns this adds £50-£140 annually to bills and could reach £7 billion without intervention.
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Icy Freezers Could Add £30 to UK Energy Bills Annually
Energy supplier E.ON urges households to defrost freezers yearly to prevent ice build-up that forces appliances to work harder, increasing electricity costs by up to £30 annually.
Kettle Mistake Adds £70 to Energy Bills, Experts Warn
Energy specialists reveal that overfilling kettles and overusing tumble dryers are costing UK households up to £170 annually. Simple changes could yield significant savings.
Euro 7 Emissions Rule for UK New Cars and Vans from 2026
From November 2026, all newly registered cars and vans in the UK must comply with the stringent Euro 7 emissions standard, targeting exhaust and non-exhaust pollutants, with implications for manufacturers and pricing.
Energy Debt Crisis: Household Arrears Double to £5.5 Billion
Household energy debt has more than doubled in three years to £5.5 billion, with two million households in arrears and most lacking repayment plans, warns Energy UK.
UK EV Charger Grant Rises to £500 from April 2026
The UK government increases the electric vehicle charger installation grant to £500, aiming to cover nearly half the cost and accelerate the shift to EVs, with eligibility extended to all households.
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Two Appliance Habits Could Cut £178 From Your Electricity Bill
An energy expert reveals how adjusting kettle and tumble dryer use could save households up to £178 annually without major lifestyle changes or investments.
Petrol Prices Could Hit £2 a Litre, Drivers Warned to Fill Up
Motorists are being advised to top up their tanks as petrol prices rise, with experts warning costs could reach £2 per litre due to global tensions and market volatility.
UK's First Geothermal Plant Launches in Cornwall
A groundbreaking geothermal power and lithium extraction facility near Redruth has begun operations, generating renewable electricity for 10,000 homes and supporting the UK's green energy transition.
Solar Truck Charging Grows on South Africa's Freight Corridors
Cape Town's Zero Carbon Charge is deploying off-grid solar charging hubs for electric trucks along the N3 corridor, backed by $6.2 million in funding, to decarbonize freight transport.
Labour's Net Zero Pledge Under Fire Over Energy Bills
Labour faces criticism as Ofgem's energy bill reduction of £117 falls below Rachel Reeves' £150 pledge, leaving costs £73 higher than when the party took power.
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Record $27B Federal Loan for Georgia, Alabama Power Expansion
Federal energy officials announce a historic $27 billion loan to Georgia Power and Alabama Power for electricity infrastructure expansion, aiming to meet surging data center demand while promising customer savings.
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