- A senior MP has warned that UK household bills could remain high until at least 2027/28, even if the fragile Middle East ceasefire holds, due to the conflict's long-term impact.
- Graeme Downie MP, from the Commons energy select committee, said that the two-week ceasefire is insufficient to benefit the UK economy, with global oil prices remaining significantly elevated.
- The conflict's knock-on effects include rising fuel, food, and heating costs, partly due to increased fertiliser prices and damage to an LNG plant in Qatar.
- New polling by Ipsos UK reveals widespread public concern, with 86 per cent of Britons worried about fuel and energy prices, and 80 per cent about fuel availability.
- Petrol and diesel prices have seen substantial increases since the conflict began, with average unleaded petrol up 19 per cent and diesel up 34 per cent, while stock levels at garages have fallen.
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