Category : Energy


Oil Price Surge Past $100: Impact on UK Finances

Brent crude oil has surged past $100 a barrel, rising 37% in a week. This spike threatens higher energy bills, petrol costs, and inflation, potentially delaying the UK's return to 2% inflation targets.

UK Drivers Hesitate on EVs Due to Misinformation

A new report reveals that many UK drivers are misinformed about electric vehicles, with 51% scoring poorly on EV knowledge. This lack of understanding is delaying the switch to electric motoring, as highlighted by the Energy and Climate Intelligence Unit.

Oil Prices Surge Past $100 a Barrel Amid Iran Conflict

Oil prices have soared above $100 per barrel for the first time in over three and a half years, driven by escalating conflict in the Middle East that threatens key shipping routes and production facilities, raising inflation fears worldwide.

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