Ofgem

regulator

Last mentioned: Mar 5, 2026

Stories mentioning Ofgem 2

Markets Bearish

UK Energy Firms Pull Fixed Deals Amid Rising Middle East Tensions

Major UK energy suppliers have begun withdrawing fixed-rate tariffs from the retail market as escalating geopolitical tensions in the Middle East trigger a surge in wholesale price volatility. The move leaves millions of households facing a return to variable rates and heightened exposure to global energy shocks.

2 sources
Commodities Bearish

Middle East Conflict Triggers 10% Energy Price Hike Forecast for July

UK households are bracing for a projected 10% increase in energy bills this July as the escalating conflict in the Middle East disrupts global supply chains. The forecast highlights the continued vulnerability of domestic utility rates to geopolitical instability, threatening to reignite inflationary pressures.

2 sources