Middle East conflict impacts wholesale gas prices.

The entities involved

• Ofgem →

  United Kingdom government non-ministerial department

  • Great Britain's energy regulator, Ofgem, has been responsible for setting and implementing energy price caps for households.Mon 15:34
  • Potential weather pattern affecting energy demand due to El Niño, involving the UK energy regulator Ofgem.Thu 07:35
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• Middle East conflict prompts a reversal in oil prices.Jul 14
• Conflict in the Middle East drives up crude oil prices.Aug 17
• Conflict in the Middle East is weighing on prices, reported by Statistics Canada.Sep 14
• Oil prices spiked following the reigniting of hostilities in the Middle East.Sep 2
• The Middle East conflict is causing economic fallout, including rising gas prices, while polling data indicates a decline in Donald Trump's approval rating.Jun 7