Petrol stations across the UK are running out of fuel as drivers ignore AA warnings and scramble to fill up before oil prices surge to record levels due to Middle East conflict disrupting shipments through the Strait of Hormuz.
Chancellor Rachel Reeves faces pressure to abandon planned fuel duty increases after oil prices surged above $80 a barrel following US-Israeli strikes on Iran, threatening higher pump costs for consumers.
Following U.S. and Israeli strikes in Iran, experts warn of prolonged conflict driving up petrol costs, disrupting fertilizer supplies, and straining global inflation and shipping routes.
Rachel Reeves faces calls for an emergency plan as Iran tensions cause gas prices to soar 40%, threatening household bills up to £2,500 annually. Keir Starmer confirms UK will not join US-Israel strikes.
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Chancellor Rachel Reeves faces mounting pressure to address rising energy and fuel prices in her spring statement, as conflict with Iran threatens global supplies and could push household bills to £2,500 annually.
European and Asian economies face a severe gas shock as Qatari LNG production halts due to Iranian strikes, with prices soaring and supply disruptions threatening a repeat of the 2022 energy crisis.
European wholesale gas prices jumped 52% after QatarEnergy ceased LNG production following Iranian drone attacks, sparking fears of a renewed energy crisis and market turmoil.
Oil prices surged sharply as the widening Iran war disrupted tanker traffic through the vital Strait of Hormuz, a key passageway for global energy supply.
Gas prices have surged globally, with European wholesale prices rising 52% after Qatar halted LNG production following Iranian attacks, intensifying Middle East tensions and impacting markets.
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European wholesale gas prices surged 52% after QatarEnergy ceased LNG production due to Iranian drone attacks, sparking fears of a repeat of the 2022 energy crisis.
Drivers in the UK face higher fuel costs as the Iran conflict disrupts oil supplies, with the AA predicting a return to early 2026 price levels and potential spikes to 150p per litre.
Oil prices surged 13% after US-Israel strikes on Iran, threatening higher petrol costs for UK drivers. Disruption to Strait of Hormuz shipments could push inflation and electricity bills upward.
Drivers across the UK are being warned to brace for rising fuel prices as the conflict in the Middle East disrupts tanker traffic, pushing up oil costs. Industry experts predict petrol could return to early 2026 levels.
Disruption to tanker traffic from the Iran conflict has driven up oil prices, with experts warning UK drivers to expect higher pump costs in coming weeks.
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Oil prices have surged over 8% as Middle East tensions disrupt supplies through the Strait of Hormuz, risking higher inflation and interest rates globally, with analysts warning of prolonged economic impacts.
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Gas prices soar as Iranian drone attacks shut down Qatar LNG production and destroy Saudi Arabia's largest oil refinery. US F-15s shot down in Kuwait amid escalating tensions.
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Oil prices surged sharply Monday as tanker disruptions near the Strait of Hormuz raised fears about global supply shortages following attacks in the Persian Gulf region.
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British drivers face record-breaking petrol prices within weeks as conflict in the Middle East disrupts oil shipments through the crucial Strait of Hormuz, with the AA warning of imminent pump price surges.
Escalating Middle East tensions disrupt oil shipments, risking higher UK fuel prices, inflation, and delayed Bank of England interest rate cuts, impacting household budgets.
Global oil prices jumped over 4% as Iranian missile and drone attacks hit tankers near the Strait of Hormuz, raising fears of supply disruptions and economic shock.
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Analysts warn that the US-Israel conflict with Iran could drive oil prices to $100 a barrel, with tanker traffic halted and insurance withdrawn in the Strait of Hormuz.
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A major fire has erupted at the Aramco oil refinery in Ras Tanura, Saudi Arabia, following a suspected Iranian drone strike, forcing a shutdown of one of the world's largest refining facilities.
A grieving 82-year-old widow faced months of distress as ScottishPower repeatedly failed to switch feed-in tariff payments after her husband's death, ignoring her pleas and sending insensitive communications.
Global oil prices jumped over 4% after Iran's Revolutionary Guards attacked ships near the Strait of Hormuz, threatening a key oil chokepoint and raising fears of wider economic disruption.
Australia's critically low fuel reserves, at just 28 days, could lead to soaring petrol prices as escalating US-Iran tensions threaten global oil supplies through the Strait of Hormuz.
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US and Israeli strikes on Iran have heightened fears of disruption in the Strait of Hormuz, threatening to drive oil prices to $100 a barrel and push up costs for fuel, groceries, and inflation.
