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Evening Standard
Evening Standard
Business
Jonathan Prynn

Warning of fresh winter spike in energy prices as gas costs climb

Homeowners were today given a stark warning that energy prices could spike again next winter even to levels that would force the Government to step in once more to protect consumers.

Fatih Birol, the head of International Energy Agency, said soaring demand for energy from China as its economy continues to bounce back from Covid would send prices higher, particularly if Europe and North America suffer a harsh winter at the same time.

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