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flag UK heating oil prices more than double due to Iran-related oil shocks, hitting households hard.

flag Soaring energy costs are hitting UK households hard as conflict in Iran drives up global oil prices, with heating oil prices more than doubling in some areas—jumping from £645 to £1,480 for 1,000 litres in Lincolnshire. flag Martin Lewis warned of an "extremely excessive" surge, linking the spike to geopolitical instability and supply disruptions. flag Families across regions like Louth are reporting steep increases in heating and fuel costs, with Sinn Féin’s Joanna Byrne criticizing energy firms for profiting from the crisis and calling for government action. flag With no immediate regulatory fixes in place, Lewis urged consumers to compare prices and consider group buying to mitigate costs, highlighting the vulnerability of rural households reliant on oil heating.

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