Heating Oil Customers to Get Compensation After Cancellations and Price Hikes
The CMA says thousands of heating-oil customers faced cancelled orders and higher prices during the Iran-related energy crisis.
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Energy
Oil, gas, power, fuels, grids, energy policy, and commodity shocks that can affect inflation, margins, and consumers.
Oil, gas, and fuel price pressure
Supply disruption and OPEC decisions
Utility, grid, and power-market stress
Gas Prices Drag US Inflation Lower as Energy Volatility persists
US inflation eased in June as energy and gasoline prices fell, but renewed Middle East tensions kept the outlook uncertain.
June CPI Shows Inflation Cooldown Amid Energy Declines, Fed Watch Remains paramount
The June CPI fell 0.4% month over month, with energy driving the headline decline and core prices showing resilience.
Iran War Costs and Lingering Effects Reshape Global Economy and Markets
The Iran war pushed energy prices higher, strained housing affordability, and disrupted global supply chains, casting a long shadow over markets and policy for...
Oil Prices Fluctuate As Trump Iran Deal Could Reopen Strait Of Hormuz
Oil prices moved between gains and modest declines as markets awaited a framework deal between the U.S.
Uncertainty Remains Over Strait of Hormuz Reopening After Iran Deal
Markets watch for how demining progress and legal assurances affect shipping through the Strait of Hormuz as Iran and allies pursue a ceasefire extension.
Inflation Steady as Food Price Rises Slow, UK Faces Delayed Easing
UK inflation remained at 2.8% in the year to May as food price rises slowed to a 17‑month low.
Shipping Exec Says Industry Needs Assurances Strait of Hormuz Will Be Safe
A BIMCO official explains that while a memorandum of understanding between the U.S.
Oil-Change Costs Rise as Iran Conflict Cranks Lubricant Prices
The Iran conflict has pushed up the price of base oil used in synthetic motor oils, raising oil-change costs and squeezing shop margins as...
Renter’s Market Varies Widely Across U.S., Fueled by a New-Apartment Boom
Rents are diverging across U.S. cities as a construction boom creates more apartment supply in some areas and fierce competition in others.