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strikeAug 26, 2026

UK energy secretary says looking at ‘what more we can do’ as typical annual bill rises to £1,723 from October – business live

Summary

Brent crude drops 3% on hopes strait of Hormuz could reopen soon While Britons’ energy household bills are to rise by almost 4% to an average £1,723 a year from October, market prices are falling.

Source: Julia Kollewe; Caroline Davies — Read the full report

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  • Julia Kollewe; Caroline DaviesBy Julia Kollewe; Caroline Davies

    Brent crude drops 3% on hopes strait of Hormuz could reopen soon While Britons’ energy household bills are to rise by almost 4% to an average £1,723 a year from October, market prices are falling. Crude oil, as measured by the global benchmark Brent is down 3%, or $2.66, to $85.9…

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