Tag

#UK energy

2 articles

GENERAL

Global Energy Shock Looms: Iran War Threatens Supply, Prices

A widening energy crisis, stemming from the conflict in the Middle East, threatens global economic stability. Economist Liam Halligan warns of potential price shocks, plastics shortages, and even future food insecurity due to disrupted oil, gas, and fertilizer supplies. The UK, as a net energy importer, faces particular vulnerability.

3 weeks ago
GENERAL

Gas Prices Soar Amidst Iran Conflict; Bills Set to Rise

Utilita Chairman Derek Licorice warns that escalating conflict between Israel and Iran is driving up gas prices, with no immediate end in sight for soaring energy bills. Domestic customers may see increases from July, while businesses face immediate impacts due to a lack of price protection.

2 months ago