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Energy

  • ‘A whole civilisation will die tonight’: Trump ramps up Iran threats as deadline draws nearer

    April 7, 2026

    Donald Trump has dialled up his threats on Iran warning a “whole civilisation will die tonight” ahead of his latest looming deadline for Iran. The chaotic sentiment has rocked markets across Europe after indexes struggled to find direction during early trading. The FTSE 100 see-sawed between gains and losses as the City market returned from [...]

  • From jet fuel to fertiliser – economic pain is heading West

    April 6, 2026

    A quiet Easter Sunday was abruptly punctured when US President Donald Trump unleashed a brutal, expletive-filled ultimatum to the Iranian regime. In a post on Truth Social, Trump wrote: “Tuesday will be power plant day, and bridge day, all wrapped up in one, in Iran. “There will be nothing like it!!! Open the f***in’ strait [...]

  • Miliband to bow to pressure on North Sea drilling 

    April 3, 2026

    Energy secretary Ed Miliband is poised to bow to significant pressure to allow drilling in the North Sea to counter collapsing fuel supply chains and soaring energy costs. Miliband is planning to give the green light to the Jackdaw gasfield, which could supply gas to more than a million homes this winter. This would be [...]

  • Jim Ratcliffe backs Tory pledge to slash net zero tax

    April 2, 2026

    Sir Jim Ratcliffe has joined a number of manufacturing bosses in support of a Tory pledge to axe carbon taxes levied through a trading scheme critical to the government’s net zero efforts.  In a joint release between the Conservatives plus the Ineos chief and other industry bosses, the Kemi Badenoch’s party said it would save [...]

  • Oil soars as Trump vows to hit Iran ‘extremely hard’

    April 2, 2026

    The price of oil has spiked by over 7 per cent following Donald Trump’s vow to keep hitting Iran ‘extremely hard’ over the next few weeks, in an address to the nation. After a 17-minute speech on Wednesday evening, which failed to reassure global markets, Brent crude, the global oil benchmark, jumped 5 per cent [...]

  • Once again Starmer addresses the nation – with nothing to say

    April 2, 2026

    The Prime Minister held a press conference yesterday to update us all on the Iran war and to confirm that we’re still not in it. That’s Keir Starmer’s most valued line these days; that this isn’t our war and we’re not involved. However, despite our declared neutrality, Starmer had to concede that “the impact of [...]

  • Europe urges fewer flights, remote working as Iran war drains oil supplies

    April 1, 2026

    The spiralling energy crisis is forcing Europe into emergency mode, with politicians urging citizens to work from home, cut back on driving and avoid flying as the conflict in Iran cuts off a critical share of the world’s oil supply. The European Commission’s energy chief, Dan Jørgensen, said Europe is facing a prolonged crisis that [...]

  • Energy price cap set to jump as consumers brace for soaring bills

    March 31, 2026

    The Ofgem energy price cap is expected to leap by 18 per cent after June as households brace for the impact of spiralling oil and gas prices.  Energy consultancy firm Cornwall Insight has forecast the average annual energy bill to be set by the regulator Ofgem at £1,929 in July.  It would represent a £288 [...]

  • Fuel crisis grounds thousands of flights as Iran war sends oil prices soaring

    March 31, 2026

    Thousands of flights have been cancelled, and more are planned, as global airlines struggle with surging fuel costs in the wake of the war in Iran. According to data by aviation analytics company Cirium, more than one in 20 flights scheduled to take off on Monday were cancelled.  Jet fuel, which is generally more expensive [...]

  • Starmer urges Brits to ‘act as normal’ as fuel shortage fears grow

    March 30, 2026

    Sir Keir Starmer has urged Britons to “act as normal” despite energy chiefs’ warning that there could be fuel shortages within days.  The Prime Minister’s spokesman said that the UK had a “resilient and diverse” supply of energy sources as he played down the prospect of a fuel crisis.  “We will always plan for all [...]

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