Petrol Prices Soar to Three-Year High in UK
UK drivers face soaring petrol and diesel costs, with prices hitting nearly three-year highs due to escalating Middle East tensions and oil price surges.
Category : Energy
Emergency Action Urged as Gas Price Surge Threatens Energy Bill Crisis
A 35% spike in wholesale gas prices following attacks on Qatar's LNG plant has triggered fears of a £500 energy bill increase for UK households, with calls for immediate government intervention.
Iran War Highlights Risks of Trump's Oil-First Energy Policy
The ongoing war in Iran is revealing significant vulnerabilities in President Trump's energy dominance strategy, which prioritizes fossil fuels over renewables, leaving American consumers exposed to supply shocks and price spikes.
Israel's South Pars Gas Strike: Major Iran War Escalation
Israel's attack on Iran's South Pars gas field has dramatically escalated the three-week war, prompting retaliatory strikes and threatening global energy markets with long-term disruption.
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Israeli Strike Sparks Fire at Iran Gas Field, UK Prices Jump 25%
A major fire erupted at Iran's South Pars gas field following an Israeli airstrike, with Qatar reporting missile attacks on its LNG field, causing UK natural gas prices to surge nearly 25% and raising global energy supply fears.
UK Fuel Prices Soar as US-Iran War Drives Oil Costs Up
Petrol and diesel prices in the UK have surged to their highest levels in nearly three years, driven by escalating oil prices due to the US-Iran conflict. The cost of filling a family car has risen by over £11 in just weeks.
UK Gas Prices Surge 25% After Iran Attacks Qatar Hub
UK natural gas prices surged by nearly a quarter following Iranian missile strikes on a key energy hub in Qatar, sparking fears of global supply disruptions and higher household bills.
Shell Qatar Attack Sends UK Gas Prices Soaring Over 20%
UK natural gas prices surged by more than 20% to a three-year high after attacks on energy sites in Iran and Qatar damaged a Shell facility, sparking fears of a global supply crisis.
Trump Threatens to Blow Up World's Largest Gas Field in Middle East
Iran intensifies attacks on Gulf energy infrastructure after Israeli strike on South Pars gas field, prompting Donald Trump to issue a chilling retaliation threat.
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BP Hikes Cost-Cutting Target After German Refinery Sale
BP has increased its cost reduction target to up to $7.5 billion by 2027 after agreeing to sell its Gelsenkirchen refinery to Klesch Group, marking a strategic shift to streamline operations.
VAT Cut on Public EV Charging Urged as Fuel Duty Freeze Debated
Campaigners demand VAT on public EV charging be slashed from 20% to 5% if fuel duty is frozen, arguing drivers without driveways face unfair costs amid Middle East conflict impacts.
Ofgem's 87p LED Bulbs Cut Energy Bills by 80 Percent
Energy regulator Ofgem advises households to switch to LED bulbs, costing just 87p each, which use 80% less electricity and could save up to £72 annually on lighting costs.
EU Summit Addresses Middle East War Energy Price Surge
European Union leaders are meeting urgently to address soaring oil and gas prices caused by the Middle East conflict, with fears of structural economic damage and refugee crises looming.
UK Gas Prices Surge 25% After Strikes in Qatar
UK natural gas prices surged by 25% overnight following Iranian missile attacks on Qatar's gas facilities, raising fears over global supply disruptions and higher household bills.
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Gas Field Attacks Trigger Global Energy Crisis and Market Panic
Oil prices surge 7% as attacks on Middle Eastern gas fields, including Qatar's Ras Laffan and Iran's South Pars, escalate tensions and threaten long-term supply stability.
Oil Prices Spike 7% as Middle East Energy Attacks Intensify
Brent crude oil surged past $114 per barrel, nearing February highs, after Iranian missile strikes on Qatar's Ras Laffan gas field and Israeli attacks on Iran's South Pars field heightened global supply fears.
Iran Escalates Gulf Energy Attacks After Israeli Strike
Iran intensifies attacks on Gulf energy infrastructure, damaging Qatari LNG facilities and UAE gas fields, following an Israeli strike on its South Pars gas field, causing oil price spikes.
Iran Intensifies Gulf Energy Attacks After Israeli Gas Field Strike
Iran has intensified missile attacks on Gulf Arab energy infrastructure, targeting Qatari LNG facilities and ships, in retaliation for an Israeli strike on the South Pars gas field. The conflict has sent global oil prices soaring above $110 a barrel.
Oil May Hit $200 as Iran Wages Economic War on West
Fears mount that oil prices could reach $200 a barrel as Iran targets Saudi and Qatar, escalating tensions in the Middle East. The Pentagon requests $200 billion for troop deployments, while a migrant case and steel industry concerns add to domestic press
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Trump Threatens to Destroy World's Largest Gas Field
U.S. President Donald Trump has pledged to 'massively blow up' Iran's South Pars gas field if Tehran attacks Qatar again, escalating tensions in the Persian Gulf as energy markets surge.
Miliband Demands Fair Business Energy Amid Iran Crisis
Energy Secretary Ed Miliband warns suppliers against exploiting businesses as Middle East conflict drives up global energy prices, with new regulations planned.
Iran Threatens Global Energy Market with Gulf Strikes
Iran has escalated Middle East tensions by threatening missile attacks on oil and gas plants in Gulf states, causing oil prices to surge 5% and raising fears of a full-scale economic war that could cripple global energy supplies.
Energy Firms Warned Against Exploiting Businesses in Price Crisis
Ofgem and Energy Secretary Ed Miliband demand fair pricing and transparency from energy suppliers as Middle East conflict drives up global energy costs, with new regulations planned.
Alaska Petroleum Reserve Lease Sale Draws Strong Interest
The first oil and gas lease sale in years in Alaska's National Petroleum Reserve attracted hundreds of bids from major companies despite pending lawsuits from environmental and Indigenous groups.
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Miliband Demands Fair Business Energy Contracts Amid Iran Crisis
Energy Secretary Ed Miliband and Ofgem warn suppliers against exploiting businesses as Middle East conflict drives up global energy prices, calling for transparent contracts and new broker regulations.
Iran War Escalates with Retaliatory Strikes, Oil Prices Soar
The conflict between Israel and Iran intensifies with missile strikes on key gas facilities, causing oil prices to surge over 5% to $108 a barrel and raising global tensions.
Rosebank Oil Field Awaits Miliband's Approval
Britain's largest undeveloped oil field, Rosebank, could produce millions of barrels daily by autumn if Energy Secretary Ed Miliband approves it, amid Middle East conflict concerns.
Albanese Admits More Action Needed on Fuel Crisis
Prime Minister Anthony Albanese has acknowledged further measures are required to address fuel shortages in regional Australia, ahead of a critical national cabinet meeting today.
Iran Strikes Qatar's Ras Laffan LNG Plant in Middle East Escalation
Qatar's Ras Laffan, the world's largest liquefied natural gas facility, suffers extensive damage from Iranian ballistic missiles as regional tensions surge following attacks on energy infrastructure.
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Iran Strikes Qatar Oil Refinery, Disrupts Global Energy
QatarEnergy reports extensive damage at Ras Laffan after Iranian missile attacks, with global oil prices surging 5% and threats of further strikes across Gulf states.
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