Donald Trump lights fire under Ed Miliband – Starmer has huge decision | Personal Finance | Finance
If we ever needed a reminder of the importance of having a secure supply of affordable energy, this is it. The Middle East is in uproar again. As the US blitzes Iran, the Ayatollahs are fighting back by trying to blow up the world energy supply. Their drones have knocked out half of Qatar’s liquefied natural gas exports and oil tankers daren't navigate the crucial Strait of Hormuz supply route. This is sending our already sky-high energy prices through the roof.The cost of a barrel of Brent crude has soared from $70 last week to $84 today. UK gas prices have more than doubled to 147p per therm. JP Morgan is warning of a “catastrophic” energy supply loss if the war drags on for a few weeks, which it easily could. It’s yet more evidence, if any were needed, that fossil fuels remain at the...










