INTEnergy Newsoilprice:oilprice-article-45450ActualitésIn force

Bank of England Warns Iran War Could Push UK Inflation Above 4%

Bank of England governor Andrew Bailey has warned inflationary pressures are still buffeting the UK economy and energy prices could rise further next year if the war in Iran continues. Speaking to MPs on Tuesday, the Bank chief said inflation risks were “to the upside” and energy prices “could be higher still” due to the conflict, which has triggered a surge in oil prices and stoked inflation fears globally. “The conflict is still going on and it is also causing a high level of energy prices and quite a bit of…

Dernière modification il y a 3 jours.

Vue extraite pour la lecture · Original pour les preuves de conformité
Bank of England governor Andrew Bailey has warned inflationary pressures are still buffeting the UK economy and energy prices could rise further next year if the war in Iran continues. Speaking to MPs on Tuesday, the Bank chief said inflation risks were “to the upside” and energy prices “could be higher still” due to the conflict, which has triggered a surge in oil prices and stoked inflation fears globally.  “The conflict is still going on and it is also causing a high level of energy prices and quite a bit of…

Source

https://oilprice.com/Energy/Energy-General/Bank-of-England-Warns-Iran-War-Could-Push-UK-Inflation-Above-4.html

Document officiel chez le régulateur. Citez toujours cette URL — et non la page de détail Vantage — dans les preuves de conformité.

Connexes dans International

INTEnergy Newsoilprice:oilprice-article-45482ActualitésIn force

Europe's "Less" Is Doing More Than Anyone Gives It Credit For

Brent is sitting a touch above $104 this morning, down slightly from yesterday's surge. The Strait of Hormuz, which used to move something like a fifth of the world's oil and LNG before the war, has been effectively shut since March. Saudi output dropped around 1.9 million barrels a day in August, tanker rates are breaking records, and the EIA doesn't see Middle East production back near pre-conflict levels until the second quarter of 2027. Meanwhile, the European Union imports 57 percent of the energy it consumes and spent €340 billion on…

il y a 1 jour
INTEnergy Newsoilprice:oilprice-news-45489ActualitésIn force

White House Weighs Defense Production Act as U.S. Refineries Maxed Out

The White House is considering using the Defense Production Act to add U.S. refining capacity, with American refineries already running at 98% capacity and diesel prices above $6 per gallon for the first time. The proposal was discussed during President Donald Trump’s recent meeting with nearly a dozen U.S. refiners, according to Reuters. No decision has been made, and discussions are expected to continue. Refining executives told administration officials that federal money would produce more barrels faster if it were used to expand existing…

il y a 1 jour
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_posts_biggest_weekly_gain_since_july-11-sep-2026-184602-article/?rss=trueActualitésIn force

Oil Posts Biggest Weekly Gain Since July

Oil posted a strong weekly gain as Middle East conflict and mounting supply risks kept markets on edge.

il y a 1 jour
INTEnergy Newsoilprice:oilprice-article-45485ActualitésIn force

Trump's Grid Battery Ban Leaves Developers Guessing

The United States is trying to build up its energy storage capacities at a rapid scale. At the same time, it is trying to wean itself off of Chinese battery tech. In many ways, these two goals are in direct opposition to each other. China dominates global supply chains for clean energy tech in general, but especially when it comes to lithium-ion batteries, which power everything from your phone to your car. Approximately 80 percent of all battery cells in the world are made in China according to figures from the International Energy Agency. What…

il y a 1 jour
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/iea_says_ukraine_strikes_degrade_russian_oil_refining_sector-11-sep-2026-184597-article/?rss=trueActualitésIn force

IEA Says Ukraine Strikes Degrade Russian Oil Refining Sector

Drones are now hitting secondary-processing units at Russia's refineries, which may require six to eight months to replace, according to IEA estimates.

il y a 1 jour