Energy bills could rise by £160 after Iran conflict pushes gas prices higher

Household costs could reach £1,800 a year from July as UK market hits three-year highMiddle East crisis – live updatesHousehold energy bills could climb by £160 a year from this summer after the war in Iran pushed the UK’s gas market to a three-year high.A typical combined household gas and electricity bill could reach £1,800 a year in Great Britain under the government’s quarterly price cap from July, according to analysis by Cornwall Insight, an energy consultancy. Continue reading…