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The Independent UK
The Independent UK
National
Emily Atkinson

Higher energy bills are here to stay, oil company boss warns

Anders Opedal Oil Equinor Gas Prices
Getty/iStock

Sky-high energy prices are not going to fall anytime soon and may never return to pre-Covid levels, an energy boss has warned.

The cost of wholesale energy began to rise after the easing of pandemic restrictions, before shooting up as a result of Russia’s invasion of Ukraine and the sanctions lodged against Moscow aimed at deterring further escalation.

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