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Ofgem raises UK energy price cap 4% from October 1, 2026

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  • Ofgem raised the energy price cap for England, Scotland and Wales.
  • A regular-use household will pay about £60 ($80) more annually.
  • Iran shut the Strait of Hormuz after initial US-Israeli strikes in late February.
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Ofgem raises UK energy price cap 4% from October 1, 2026 - CoinPost Terminal