Event Brief
UK energy price cap rises 13% on Iran war costs
Filed: May 27, 2026 at 3:03 AM ET
Summary: The UK energy price cap increases 13%, pushing up household bills as Iran war drives higher wholesale costs.
WHO: UK energy regulator (price cap setting body)
WHAT: The UK energy price cap is raised by 13%, increasing household energy bills.
WHEN: May 27, 2026 at 2:04 AM ET
WHERE: United Kingdom
WHY: Wholesale gas and power costs rise due to the war in Iran.
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