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The cost of oil and gas is a big part of your energy bill. When global prices go up, like they are now because of tensions in the Middle East, the UK's energy regulator, Ofgem, has to adjust the price cap. This means suppliers can charge more, leading to higher bills for households like yours.
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What is the energy price cap? Who is Ofgem? Why are oil prices so high? Why is the Strait of Hormuz important? Why are bills going up? Your energy bills Your energy bills next Why is my bill going up?The full catalogue
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