UK fuel prices have surged again, with diesel reaching its highest level since Christmas 2022 amid the ongoing Iran-driven energy shock.
UK fuel prices keep climbing as diesel surges
Fuel costs continue to rise across the UK, with diesel seeing the sharpest increases since the start of the Middle East conflict.
North Sea shutdown increases UK reliance on imported gas
The United Kingdom faces a significant deterioration in energy security as domestic oil and gas production declines under current government policy. A new report from Offshore Energy UK (OEUK) projects
Iran crisis pushes markets to a critical turning point
The escalating confrontation between the US and Iran has brought global markets to a pivotal moment, with risks extending far beyond geopolitics.
Oil plunges as markets rally on hopes of Iran deal
Oil prices tumbled and stocks rebounded after Donald Trump signalled progress in talks with Iran.
Fuel costs surge as drivers face expensive Easter
UK drivers are facing another hit at the pumps, with fuel prices climbing sharply amid ongoing tensions in the Middle East.
London stocks tumble as energy shock hits markets
London shares fell sharply at the open as a renewed surge in oil and gas prices triggered a broader risk-off move across global markets.
UK fuel prices rise for drivers as oil price could climb to $200 a barrel
Diesel and petrol prices climb higher
Oil and gas prices rise as attack hits Iranian energy sites
Iranian gas exports to Iraq were reportedly suspended on Wednesday following an attack on Iran’s Pars gas field, disrupting a key regional energy supply.
BP and Shell Gain £5bn Windfall Amid Middle East Tensions
The geopolitical tensions surrounding the Strait of Hormuz have created a significant financial opportunity for two of Britain’s largest energy companies. Shell and BP are positioned to capture an additional
The Strait of Hormuz, helium supply, and the quiet strategic shift investors are starting to notice
For most investors, the Strait of Hormuz is associated almost exclusively with oil. Roughly a fifth of the world’s petroleum trade moves through that narrow channel between Iran and Oman,
Qatar LNG suspension drives sharpest gas price spike since 2022
Gas prices recorded their sharpest rise since the start of the Ukraine war after Qatar suspended liquefied natural gas production in the wake of an Iranian attack.