Fuel Oil: Prices
The question
To ask the Secretary of State for Business and Trade, how many reports of suspected price gouging for the price of heating oil have been made to the Competition and Markets Authority since 28 February 2026.
Answered by Kate Dearden
The Government does not hold figures on individual reports made to the Competition and Markets Authority (CMA). However, the CMA has recently announced that it has stepped up monitoring of fuel markets across the UK in response to the economic impacts of the conflict in Iran. Where the CMA identifies concerning behaviour, it has committed to reporting on this publicly and taking further action as appropriate. The Chancellor and I met with regulators including the CMA on 26 March and confirmed that we will not hesitate to empower regulators if necessary to tackle exploitation of the Iran conflict.
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