Martin Lewis issues key energy bill advice amid Iran oil price crisis

Business & FinancePersonal Finance
10 Mar 2026 • 7:30 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

image is not available

Martin Lewis has issued advice for those worried about their energy bills amid fears the war in the Middle East will spark another cost-of-living crisis in the UK, with fuel prices set to soar.

It comes after the price of oil soared above $100 a barrel for the first time since 2022, and Rachel Reeves warned that the conflict is “likely to put upward pressure on inflation” over the coming months.

The Money Saving Expert Founder gave advice to those on a price cap tariff during an appearance on BBC Newsnight on Monday (9 March).

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved