Heating Oil Prices Double Amid Ongoing Conflict, Impact on UK Households
Published on 3/26/2026

AI Summary
Heating oil prices in the UK have more than doubled in the last month, impacting millions who rely on it for home heating. Approximately 30% of homes in Northumberland and Cumbria, and 20% in County Durham, use heating fuels such as LPG or oil. Charities are warning against turning off heating as temperatures remain low, and the government has stated it is providing support for households at risk of losing heating access. Local authorities were allocated extra funds through the Housing Support Fund to assist those in fuel poverty, although some have closed support schemes.
Related News

Economy
New Zealand Inflation Expectations Rise in Q2, Central Bank Data
May 13

Economy
Indonesia Interventions as Rupiah Hits Record Low of 15,200 IDR
May 13

Economy
Chinese Exporters Face Supply Chain Disruptions Amid Iran Conflict
May 13

Economy
Treasury Bond Yields Reach 5% Amid High Inflation Pressures
May 12