https://gloucestershiredaily.co.uk/tags/straitofhormuz/Recent content in straitofhormuz on Gloucestershire DailyHugo -- gohugo.ioen-usSat, 20 Jun 2026 01:15:00 +0000https://gloucestershiredaily.co.uk/october-2026-energy-price-cap-could-save-uk-families-up-to-92/Sat, 20 Jun 2026 01:15:00 +0000https://gloucestershiredaily.co.uk/october-2026-energy-price-cap-could-save-uk-families-up-to-92/Millions of UK households may avoid further energy bill increases this winter, thanks to a promising shift in the international gas market. Just weeks ago, rising tensions with Iran and threats to gas shipments through the Strait of Hormuz had raised fears of soaring energy costs. This caused wholesale gas prices to spike, contributing to Ofgem’s decision to increase the energy price cap by 13% from July to October 2026.