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3 stories related to this topic, newest first.

US Energy Secretary Sees Aggressive Timeline for Oil Prices to Decline by SummerSemafor
finance2 hrs ago

US Energy Secretary Sees Aggressive Timeline for Oil Prices to Decline by Summer

US Energy Secretary Chris Wright stated that a decline in oil and gas prices by this summer represents an aggressive timeframe. His comments followed President Donald Trump's remark that gas prices could rise before midterm elections. Separately, Chinese industrial profits rose 1…

FI
JA
CNBC
Semafor
Washington Examiner
5 sources
UK Energy Price Cap Forecast to Rise by £258 from July 1 Amid Support Initiativesfortune.com
finance6 hrs ago

UK Energy Price Cap Forecast to Rise by £258 from July 1 Amid Support Initiatives

The Ofgem price cap is projected to increase by £258 to £1,899 annually starting July 1, according to Uswitch predictions based on EDF and E.ON Next data. Cornwall Insight analysts forecast a potential rise to £1,929. Energy suppliers including OVO, Octopus Energy, E.ON Next, and…

fortune.com
GB News
Forbes
Cnbc
4 sources
Access Restrictions Enforced on Iranian Ports Starting April 13, 2026Ali khodabakhsh / Wikimedia (CC BY 3.0)
finance10 hrs ago

Access Restrictions Enforced on Iranian Ports Starting April 13, 2026

The United Kingdom Maritime Trade Operations center has issued an advisory confirming access restrictions on Iranian ports effective from 1400 UTC on April 13, 2026. The measures affect the entire Iranian coastline, including ports and energy infrastructure, and apply to vessels…

DE
SE
MA
3 sources