Global Conflict
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Public Telegram channel promoted after handle resolution and bounded ingest evidence on 2026-05-29.
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🇬🇧🇮🇷⚡️ — British households will face an average energy bill increase to £1,862 per year from July, as Ofgem raised its price cap by 13% due to surging wholesale gas prices driven by the Iran war, according to Reuters.
➡️ UK wholesale gas prices are about 45% higher than when U.S. military action against Iran began on February 28, with the conflict blocking transit for one-fifth of the world's LNG.
➡️ Forecasts indicate the cap will rise further to £1,899 from October, with tensions between Iran and the U.S. still unresolved.
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