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flag UK energy prices to fall 7%, reducing typical annual bills to £1,720 starting July.

flag UK energy regulator Ofgem will reduce the energy price cap by 7% from July, lowering the typical household annual bill to £1,720 from £1,849. flag The reduction follows a drop in gas and oil prices due to US President Donald Trump's tariff plans. flag Despite the relief, energy costs remain high, and further modest drops are expected in October and January.

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