Rising energy prices hit US and UK households amid US-Israeli attacks on Iran

Middle East Eye · March 20, 2026 Sanctions

Rising energy prices hit US and UK households amid US-Israeli attacks on Iran The UK energy price cap is set to rise by more than 20% as a result of the US and Israel's war on Iran, according to the latest forecast from energy analysts at Cornwall Insight. This means energy bills could jump to £330 ($445) a year for UK households. Meanwhile, surging gas prices are already starting to bite US household finances, a new Reuters/Ipsos poll shows.

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