Oil prices create 'huge worry' as winter looms
Rising global tensions have caused heating oil prices to surge, creating significant financial anxiety for rural households in the UK as winter approaches. A Devon councillor warned that the lack of price caps leaves thousands of families vulnerable to sudden cost spikes that can add hundreds of pounds to their bills. Local authorities are urging affected residents to seek assistance through crisis funds to manage the increased expense of essential heating.
- ▪Heating oil prices in the UK have risen from approximately 60p per litre to 97p per litre due to the conflict in Iran.
- ▪Devon County Council estimates that 41,000 households in the county rely on heating oil as their primary heat source.
- ▪The council has highlighted that there is no Ofgem price cap for heating oil, making prices highly volatile and unpredictable for consumers.
- ▪Residents in Cornwall and Guernsey are also facing substantial increases, with Guernsey prices exceeding 100p per litre.
- ▪Devon's Crisis and Resilience Fund is available to help low-income households cope with sudden financial shocks related to energy costs.
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| Original publisher | BBC News — Business |
| Canonical URL | https://www.bbc.co.uk/news/articles/cwyzegz38wlo?at_medium=RSS&at_campaign=rss |
| Publication time | Sun, 13 Sep 2026 06:01:53 GMT |
| Retrieval time | 2026-09-13T06:06:49.834Z |
| Last seen | 2026-09-13T06:06:49.834Z |
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Oil prices create 'huge worry' as winter loomsImage source, Cheryl Cottle-HunkinImage caption, Cheryl Cottle-Hunkin said uncertainty was one of the biggest concerns for rural residentsByJonathan MorrisSouth WestPublished3 minutes agoThousands of households who rely on heating oil could face a fresh squeeze on their finances this winter as global tensions continue to push up fuel prices, a councillor has warned.Cheryl Cottle-Hunkin, Devon County Council's cabinet member for rural affairs and broadband, said rising oil prices were creating anxiety for families already struggling with the cost of living.The warning comes after reports highlighted how the conflict in Iran had driven up heating oil and fuel costs, with the price of heating oil rising from about 60p a litre before the conflict…
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