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UK Household Energy Bills Set for 'Deeply Unwelcome' 13% Hike as Iran War Oil Shock Bites
Economy

UK Household Energy Bills Set for 'Deeply Unwelcome' 13% Hike as Iran War Oil Shock Bites

Ofgem announced a 13% rise in the UK energy price cap starting July 2026, driven by the Iran war's disruption of global energy markets, pushing gas bills up 24% for British households.

May 27, 2026
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