U.S. Economy Grows 2% as Energy Costs Threaten Momentum
#Economy #EnergyPricesThe U.S. economy grew 2% in early 2026, an improvement from last quarter. However, soaring energy prices threaten to dampen future growth, posing risks for continued expansion. read more
UK Cost of Living Crisis to Last Years, MP Warns
#CostOfLivingCrisis #EnergyPricesA senior MP warns UK household bills may stay high for years despite a fragile Middle East ceasefire. Sustained high energy prices and supply disruptions could impact costs until at least 2027/28, raising economic anxiety. read more
Energy Chief Vows Fuel Price Spike Will Be Brief
#EnergyPrices #USIranTensionsUS Energy Secretary Chris Wright says the spike in gas prices from Middle East tensions will last weeks, not months. He assures the US will not target Iran's energy industry and expects prices to fall below $3 per gallon soon. read more
#EnergyPrices #CostOfLiving
Experts urge UK households to secure fixed energy deals now. Middle East conflict threatens oil supply, spiking wholesale prices. Many tariffs have been withdrawn. A prolonged crisis could significantly increase bills later this year. read more
UK Steel Calls for Capped Energy Prices Amid Industry Challenges
#SteelIndustry #EnergyPricesUK steel industry advocates for capped energy prices to match France and Germany, facing £68 MWh vs their £44 and £52; trump trade war impact. UK Steel calls for government support to compete. read more