Oil and gas prices fall
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UK Gas Prices Have Nearly Doubled This Week
UK wholesale gas prices have nearly doubled, and oil prices have surged to $80 a barrel following an escalation of the conflict between the US and Iran, which caused a critical Qatari LNG export plant to cease production.
Two of the UK's largest roadside assistance organizations advised drivers to avoid non-essential journeys after oil prices soared above $100 a barrel.
Why natural gas prices has spiked by 93 per cent and what the impact might be for UK - A Qatari gas plant shutting has stoked fears of an energy crisis as attacks across the Gulf continue
Minister denies UK has just two days of gas left as Middle East crisis threatens supplies - New figures from National Gas show stored gas levels have plunged dramatically
Britain's gas reserves have come under new focus after storage facilities were slashed by the previous Tory government - with fears mounting over the impact of the Middle East conflict
Qatar’s state-backed energy company stopped liquified natural gas production, driving a roughly 52% jump in European wholesale prices.