Ofgem raises UK energy price cap 4% amid Iran conflict-driven gas price surge

NewsWed, 26 Aug 2026 06:16:44 UTC2 hours ago
Ofgem raises UK energy price cap 4% amid Iran conflict-driven gas price surge

The energy price cap hike may strain UK households and elevate global oil prices, while geopolitical tensions hinder U.S.-Iran nuclear talks.

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