Wednesday, 19 August 2026 · World
USD/EUR 0.8639 USD/GBP 0.7388 USD/JPY 159.6 USD/CNY 6.757 All rates →
RSS
EUROS The World Financial Report
Nº 39 Wednesday, 19 August 2026 · World Edition
LATEST
Commodities

Iran War Set to Drive UK Energy Bills to 3-Year High

Oilprice.com · 1h ago · 🇬🇧 United Kingdom
Iran War Set to Drive UK Energy Bills to 3-Year High

UK household energy bills are set to further rise from October by 4% to their highest level since the summer of 2023, as the Iran war has tightened global gas supply and made gas restocking in Europe more difficult and expensive, Cornwall Insight said on Wednesday. The energy consultancy expects Britain’s energy regulator Ofgem to raise the price cap that energy providers can charge by 4% from October, with household bills rising to their highest level since July 2023 on a unit-for-unit basis. The UK has a so-called Energy Price Cap in place,…

Read the full story at Oilprice.com →