Fuel Oil: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of conflict in the Middle East on the cost of domestic heating oil in England.
Answered by Martin McCluskey
The Government is closely monitoring heating oil supply and price in light of instability in the Middle East. We recognise that wholesale oil price volatility is placing pressure on domestic heating oil costs, and we are engaging with industry to ensure supply and pricing remains resilient. The supply of heating oil is subject to competition and consumer protection laws overseen by the Competition and Markets Authority, who monitor for any irregularities. The Warm Homes Discount Scheme continues to be available for low income off-grid households reliant on heating oil, while we work to support a transition away from fossil fuels to strengthen long-term resilience.
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