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Evening Standard
Evening Standard
Politics
Henry Saker-Clark

Energy markets ‘in turmoil’, says Octopus Energy boss

Octopus Energy boss Greg Jackson said the wholesale price of gas ‘has roughly doubled since a week ago’ (Octopus Energy/PA) - (PA Media)

Energy markets are “in turmoil” in the face of the intensifying conflict in the Middle East, the boss of Octopus Energy has warned.

The UK’s largest household energy supplier said it has increased fixed-price tariffs and introduced exit fees for these tariffs in the face of soaring oil and gas prices.

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