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UK Faces Energy Crisis as Oil Nears $100 Per Barrel

3/26/2026

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Story summary
  • The ongoing war in the Middle East and Iran's closure of the Strait of Hormuz raise Britain's energy concerns.
  • The International Energy Agency (IEA) has urged emergency measures, including remote work and reduced speeds, as oil nears $100 per barrel.
  • Britain faced a similar crisis in the 1970s with a three-day workweek.
  • The UK government says gas supplies are secure and there are no plans for blackouts.