Written Question·Department for Energy Security and Net Zero·UIN 119005

Natural Gas: Prices

Tabled: 9 March 2026
Answered: 17 March 2026

Question

Euan Stainbank

LabourFalkirk

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the impact of the escalation of conflict in the Middle East on Industrial Gas prices.

Answer

Martin McCluskey
As was the case when Russia invaded Ukraine, the UK will be exposed to price competition in international oil and gas markets, which is pushing up wholesale prices as other countries seek to replace lost supplies from the region. That reflects our positio...

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