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No issues with UK fuel supply, says Reeves

current supply of fuels. The UK is a net exporter of petrol but imports other products including wholesale oil and gas. A higher gas price

What's happening to UK petrol and diesel prices?

current restrictions on the strait are lifted. The UK is heavily reliant on oil and gas imports, with the majority coming from the US and Norway. The price of oil on the global market determines

Higher Europe air fares 'inevitable', says industry head

currently seeing a shortage of jet fuel". The closure of the Strait of Hormuz as a result of the conflict in Iran [has had a dramatic impact on jet fuel prices and raised concerns

Less bread and WFH Fridays – what Pret boss knows about our habits

UK every day, Pret has been affected by the fuel price volatility of recent weeks. Christou says Pret has no plans currently

Lower gas and electricity bills behind UK inflation fall to 2.8%

current inflationary pressures in the economy have come from things outside the UK – higher oil prices due to the war in Iran has led to higher fuel

UK steps up plans for potential shortages caused by Iran war

fuel are continuing to arrive in the UK and the UK's critical supply of CO2 has been shored up." The majority of the UK's CO2 is imported from Europe but it is often

'I don't want the children to see how worried we are': UK family finances hit by Iran war

UK homes. Increased fuel and energy prices are expected to be joined by rising food costs later this year, as the disruption to shipping routes and the flow of fuel around the world spreads through

Renewable energy will boost national security and protect UK from sabotage, minister says

fuel power stations. They are also not vulnerable to supply shocks, such as the current [oil crisis caused by the US-Israel war](https://www.theguardian.com/environment/2026/apr/24/global-oil-crisis-changed-fossil-fuel-industry-for-ever-iea-chief-fatih-birol) on Iran and the soaring [gas prices that followed

Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms

current external environment. “It is vital that government take the right actions now to ensure the continuation of supply, as well as support the UK aviation industry, which has been impacted by record high

UK eases airline penalties as jet fuel shortages threaten flights

fuel prices and a possible supply crisis. Exemptions from the “use it or lose it” rule can now be granted during shortages by Airport Coordination Limited, the independent body that manages slots at UK airports

Public procurement of electricity could save GB households £200 a year, says thinktank

UK’s increasing use of cheaper renewable energy should bring prices down, the current structure of the market allows gas generators to set the wholesale price for all so consumers do not feel the benefits

Which airlines are cancelling flights to the UK - and what can you do?

currently, but there have been warnings of potential shortages by the summer if the conflict continues. In the meantime the squeeze on supply has pushed up the price of jet fuel sharply - it roughly doubled

No summer border delays for Brits, Greek tourism minister says

UK visitors in early April after long queues built up at Corfu airport. The European Commission confirmed last week that Portugal and Italy [do not plan on exempting British nationals from the new checks

British Airways owner issues profit warning over soaring jet fuel costs

currently seeing any issues with fuel availability in its main markets, and is confident about fuel availability through the peak summer period. However, across the industry [2m airline seats have been cut from this month

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

fuel duty cut would apply until spring 2027, the institute said, while the price cap would sit above the current quarterly cap set by the energy regulator for Great Britain, Ofgem

UK braces for price rises driven by Iran war as economic confidence plummets

UK consumer confidence slid in April to its lowest level since October 2023, while three separate business surveys revealed a surge in cost pressures facing companies and an expectation they would raise their prices over

UK refineries asked to maximise jet fuel production amid growing supply fears

UK airports, in an attempt to minimise disruption and prevent airlines from flying to protect slots. Budget travel carrier Jet2 said on Wednesday it remained in contact with its fuel suppliers and airports. The group

Europe’s smaller airports ‘under threat’ if fuel shortages cause many cancellations

current crisis was not yet dampening demand for flying. He added that any jet fuel shortage would affect Asia first, then Europe, and that rationing “could lead to some flight cancellations”. Airline groups have [lobbied

Ministers urged to act as households in Great Britain face energy bill ‘anxiety’

UK’s gas market price to double earlier this year, [according to market experts](https://www.theguardian.com/money/2026/may/19/energy-bills-rise-july-gas-electricity-prices-cap-great-britain-iran-war) at the consultancy Cornwall Insight. They warned that the quarterly price cap is likely to remain above

Oil price touches $100 a barrel as energy market may be past ‘point of no return’

fuels is expected to increase over the summer travel season. Analysts at HFI Research [said last week](https://www.hfir.com/p/wctw-the-oil-market-has-reached-the) that the market had “reached the point of no return” and could