Department for Energy Security and Net Zero written question – answered at on 30 June 2025.
Lord Taylor of Warwick
Non-affiliated
To ask His Majesty's Government what assessment they have made of the impact of international conflicts on the oil market, and whether they intend to implement measures to reduce the effect of such external shocks on the UK economy.
Lord Wilson of Sedgefield
Lord in Waiting (HM Household) (Whip)
Oil and gas markets are well supplied and functioning normally. Though they have responded to events in the Middle East, prices remain within the bounds we have seen over the last year.
The Government's Clean Energy Superpower Mission, supported by the largest investment in home-grown clean energy in British history, will enhance energy security by boosting our energy independence, protecting billpayers, and reducing exposure to global supply shocks.
Yes0 people think so
No0 people think not
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