The UK’s largest electricity supplier, serving over 7 million households made the call as prices soar – with one customer saying ‘it should be illegal’ 07:59, 05 Mar 2026Updated 11:29, 05 Mar 2026 Octopus Energy has put up prices to leave fixed contracts as energy prices soar as the Iran war escalates(Image: Getty) The Iran
Octopus Energy has introduced exit fees to new fixed tariffs due to a “super volatile market”. The gas and electric giant is charging new customers £75 per fuel if they choose to switch away. Those already on a fixed plan will not face any new charges. “These are changes we genuinely dislike making,” Octopus Energy
The UK government must double down on its clean energy drive to protect bill payers from increasingly volatile fossil fuel markets in the wake of the US-Israel war on Iran, climate groups, academics and energy experts have warned. Research published on Thursday shows that the last fossil fuel energy crisis, caused by the Russian invasion
EDITOR’S NOTE: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action. Wind energy is taking off all over again. This
Energy firms have said they are keeping the price of fuel under “constant scrutiny” after it rose amid the Middle East conflict. Iran warned vessels not to use the Strait of Hormuz, a crucial waterway through which 20% of the world’s oil and gas is transported after the US and Israel launched airstrikes on the
Energy firms in the Channel Islands say they are keeping the price of fuel under “constant scrutiny” after it rose amid the Middle East conflict. Iran warned vessels not to use the Strait of Hormuz, a crucial waterway through which 20% of the world’s oil and gas is transported after the US and Israel launched
The conflict in the Middle East has sent energy prices soaring, and for countries that import a high proportion of their fuel, it’s a reminder of the perils of energy dependence. As the recipient of almost 90% of Iran’s crude oil, China knows this only too well. Which partly explains why the country spent the
Canada’s clean energy transition is accelerating, but resilience must keep pace. As the world moves towards a low-carbon economy, renewable energy is no longer a distant ambition. It is the backbone of our collective future. Yet as we embrace this transformation, a critical question emerges: how resilient is the infrastructure powering Canada’s energy future? Recent
Clean, reliable and affordable energy is essential to mitigating climate risks and securing the future economic success of Europe. The energy transition is not simply a climate imperative — it is a strategic necessity for economic stability, national security, and long-term prosperity. But how prepared is the industry for the increasing physical impacts of climate
Russell Borthwick: urgent moment Chancellor Rachel Reeves had planned to announce an end to the energy profits levy in the Spring Statement but delayed a decision because of the Middle East crisis, it has emerged. At a meeting with industry leaders today Ms Reeves was told that action was needed quickly to avoid the loss