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Evening Standard
Evening Standard
Business
Josie Clarke

Households on heating oil already grappling with soaring prices

Oil United States United Kingdom Simon Francis Sir Keir Starmer Northern Ireland the End Fuel Poverty Coalition
A tanker delivering fuel heating oil to a UK home (Alamy/PA) -

Households that rely on heating oil are grappling with immediate rising costs as the Middle East conflict causes prices to soar.

Home heating oil is used by around 1.5 million households in the UK, but sudden volatility in global oil trade has caused prices to spike by as much as £100 in the past week alone.

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