Ministers discuss ways to offset energy price surges caused by Iran war

Government’s claim to have lowered bills in jeopardy as households face £160 rise caused by soaring oil and gas pricesMinisters are discussing the possibility of intervening to protect the public against soaring household energy bills if the Middle East conflict drags on.Oil and gas prices have...

<p>Government’s claim to have lowered bills in jeopardy as households face £160 rise caused by soaring oil and gas prices</p><p>Ministers are discussing the possibility of intervening to protect the public against soaring household energy bills if the Middle East conflict drags on.</p><p>Oil and gas prices have surged since Donald Trump started his bombing campaign against Iran, which has responded by closing off a crucial shipping route through the strait of Hormuz and by attacking regional energy infrastructure.</p> <a href="https://www.theguardian.com/money/2026/mar/05/ministers-discuss-offset-energy-price-surges-iran-war">Continue reading...</a>
Read the full article at: The Guardian World →
📧 Email 🐦 Twitter 💼 LinkedIn