UK pledges 53 mln pounds to help vulnerable households absorb heating oil price rise
Published on March 16, 2026.
British Prime Minister Keir Starmer has pledged to provide a $70.30 million package to help vulnerable households cope with the rising cost of heating oil. The cost of kerosene has been particularly affected by the conflict in the Middle East, where it stands at twice the cost of crude oil. Other measures include introducing stronger consumer protections in the industry and encouraging energy companies to pass on savings.
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