Heating oil prices rise £100 in NI

Home heating oil prices in Northern Ireland have surged nearly 30% over three weeks, with the cost of 500 liters rising from approximately £347 to £445.37 due to disruptions caused by ongoing US-Iran tensions and sanctions affecting oil supplies. Many households are concerned about affordability, especially with approaching winter, and some have switched to gas as oil prices have become comparable. Experts predict prices will remain high until peace negotiations between the US and Iran resume.

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