Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment has he made of the potential impact on domestic energy prices of the damage to the Ras Laffan Industrial City in Qatar, caused by the Iranian missile strike on 18 March 2026.
Answered by Martin McCluskey
The Prime Minister has condemned in the strongest terms the Iranian strikes on Gulf oil and gas facilities.
The UK benefits from a strong and diverse security of energy supplies, with only around 1% of the UK's gas supply coming from Qatar.
Thanks to the actions we took in the Budget, the price cap is fixed from 1 April until the end of June – meaning household energy bills will go down for its three-month duration. As Ofgem have said, it is “genuinely it is too early to tell” the impact of this conflict on the next price cap.
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