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Story summary
- Energy Secretary Ed Miliband said the government is prepared to intervene if energy costs rise due to the US-Israel war in Iran.
- With oil and gas prices surging, Chancellor Rachel Reeves is expected to announce a support package for households facing heating oil costs.
- Miliband warned petrol retailers about potential price gouging, citing high profits and weak competition.
- He acknowledged the government would assess fuel duty before September.
