Martin Lewis: Tumble Dryer is 'Demon Appliance' for Energy Bills
Finance expert Martin Lewis identifies the tumble dryer as a major energy guzzler, urging households to avoid it as bills are forecast to rise by £332 annually.
Category : Energy
Trump's Iran War Triggers Global Energy Crisis and Inflation
The economic impact of Trump's war in Iran is causing a surge in energy prices worldwide, with countries like India, Sri Lanka, Pakistan, and Bangladesh facing severe shortages and inflationary pressures.
Martin Lewis Warns of 'Heavy Rise' in Energy Bills from July
Money-saving expert Martin Lewis clarifies potential energy bill increases, with the price cap dropping in April but warning of a 'heavy rise' from July depending on Middle East conflict resolution.
Australians Use Creative Hacks to Save on Fuel Amid Oil Crisis
As fuel prices surge 39% due to Middle East conflict, Australians share top tips including app discounts, driving adjustments, and weight reduction to cut costs at the pump.
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Oil and Gas Volatility Continues as Iran Conflict Escalates
UK natural gas prices eased slightly after Thursday's surge, while Brent crude climbed above $111. The FTSE 100 fell below 10,000 points amid global market turbulence.
Smart Export Guarantee: Earning from Solar Panel Surplus
The Smart Export Guarantee pays UK households for surplus solar electricity sent to the grid. Learn how it works, eligibility, earnings potential, and tips for maximising returns.
Middle East Energy Attacks Spark Global Gas Crisis
Attacks on key oil and gas facilities in the Middle East, including Qatar's Ras Laffan and Iran's South Pars, threaten prolonged global energy supply disruptions and soaring prices.
Trump Threatens Iranian Gasfield Strikes in Energy War
Donald Trump threatens to target a major Iranian energy facility as attacks on gasfields across the Middle East drive up oil and gas prices, marking a serious escalation in the conflict.
Gasfield Attacks Escalate Iran War, Threaten Global Energy Supplies
Donald Trump threatens to target Iranian energy facilities as attacks on gasfields across the Middle East drive up oil and gas prices, risking long-term global supply disruptions.
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Israel Strikes Iran Gasfield, Sparking Global Energy Crisis
Israel's attack on Iran's South Pars gasfield has escalated the Middle East conflict, leading to Iranian retaliation, soaring gas prices, and international warnings of an unprecedented energy crisis.
China's Energy Buffers Shield Economy from Iran War Shock
China's strategic oil reserves and renewable energy expansion offer significant protection against global energy disruptions sparked by the US-Israel war on Iran, analysts report.
Australia Fuel Supply Crisis as Exporters Prioritise Domestic Needs
Energy Minister Chris Bowen acknowledges potential fuel rationing as analysts warn Malaysia and South Korea may cut exports. Over 100 NSW stations report shortages.
IEA Advises Speed Limits and Car Zones for Fuel Shortages
The International Energy Agency recommends emergency measures like reduced highway speeds and work-from-home policies to ease oil demand amid Middle East conflict disruptions.
Lithium Battery Fires Surge, Experts Warn of New Hazard
Fire experts express alarm as lithium-ion battery fires, including from vapes and e-bikes, escalate across the UK, outpacing safety regulations and public awareness.
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Israel Strikes Iran's Gasfield, Escalating War and Market Chaos
Israel attacked Iran's South Pars gasfield, prompting Iranian retaliation on Qatar's LNG facilities. The conflict has disrupted global energy supplies, spiking gas prices and rattling stock markets worldwide.
Energy Bills May Hit £2,000 a Year Due to Iran War Shock
Cornwall Insight forecasts a typical dual-fuel bill of £1,972 from July, a sharp rise from earlier estimates, driven by Middle East tensions pushing gas prices to three-year highs.
Brits Urged to Work from Home as Middle East Crisis Deepens
The International Energy Agency advises Brits to work from home and use air fryers to cut energy use as Middle East tensions spike oil prices and inflation fears.
Energy Supplier Pays £525k and Removes Director After Ofgem Probe
Ofgem investigation reveals Farringdon Energy overcharged 159 customers, mostly small businesses, leading to £525,000 payment and director's resignation.
UK Government Urges Normal Fuel Use Despite Energy Crisis
The UK government advises drivers to continue normal fuel consumption despite International Energy Agency calls for reduced demand amid Middle East conflict.
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UK Households Face £500 Energy Bill Surge, £2.5k Warning Issued
The Resolution Foundation warns UK households could see energy bills rise by up to £500 annually, with potential £2,500 yearly costs returning. International instability and gas price hikes threaten to erase recent gains.
Energy Bills to Jump £332 a Year Amid Middle East Conflict
Household energy bills could increase by £332 annually from July, driven by soaring wholesale prices due to Middle East conflict, with Ofgem's price cap forecast to hit £1,973.
IEA Urges Brits to Work from Home, Drive Slower in Energy Crisis
The International Energy Agency issues a 10-step guide to reduce oil demand as prices surge due to Middle East conflict, with UK fuel costs hitting record highs.
Soft Prepping Surges Amid Iran War and Fuel Price Fears
With the Iran war driving up fuel costs and security concerns, experts advise households to prepare for two weeks off-grid. Meet the Brits quietly stockpiling essentials.
Oil and Gas Prices Volatile Amid Iran War, Markets Turbulent
UK natural gas prices eased slightly Friday after surging over 20% Thursday to three-year highs, while Brent crude climbed 2% to nearly $111. Global stock markets, including the FTSE 100, erased gains as the Iran conflict disrupts energy supplies.
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Oil and Gas Prices Swing Wildly Amid Iran Conflict
UK natural gas prices eased slightly on Friday after a 20% surge, while Brent crude rose to $111 per barrel. Global stock markets remained volatile as the Iran conflict continues.
Energy Bills to Jump £332 a Year in July, Forecasts Show
Household energy bills could increase by £332 annually from July due to rising wholesale prices, with Cornwall Insight forecasting a 20% surge in Ofgem's price cap.
Energy Bills to Hit £2,000 Yearly Due to Iran War
Household energy bills are forecast to surge to nearly £2,000 a year by July, driven by escalating wholesale gas costs following the Iran war. Experts warn of sustained price hikes.
Gaming Consoles Add £15.48 to UK Energy Bills from April
UK households with gaming consoles face an estimated £15.48 annual energy cost from April 1, as the price cap falls but usage remains high. Learn how this impacts your bills.
UK Energy Bills to Rise Over £300 This Summer
Energy consultancy Cornwall Insight forecasts Ofgem's July price cap will jump to £1,973, a £332 increase from April, driven by Middle East conflict pushing up wholesale gas prices.
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Martin Lewis 45kg Rule Saves 30% on Fuel Costs
Money Saving Expert Martin Lewis shares simple tips, including the 45kg rule, to improve car efficiency and reduce petrol and diesel consumption by up to 30% amid rising fuel prices.
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