Israel, Iran & the UK Energy Market: Could Your Next Renewal Be Affected?

We’re not here to panic you — but ignoring global events could cost your business thousands on your next energy contract.

🌍 The Conflict You Can’t Afford to Ignore

Tensions in the Middle East have escalated fast:

• Israel has launched airstrikes on Iranian military and energy infrastructure
• Iran retaliated, triggering fears over oil and gas supply disruption
• The Gaza war continues, keeping the region unstable
• There are growing concerns over the Strait of Hormuz — the critical shipping lane where over 20% of the world’s oil flows

So how does this affect your electricity or gas renewal in the UK?

Because when global supply gets squeezed, wholesale prices spike — even here at home.

🔙 Remember the 2022 Energy Crisis?

When Russia invaded Ukraine:

• UK gas soared to over 600 p/th
• Power contracts spiked above £500/MWh
• Businesses who hesitated paid 2x or 3x what others locked in early

Meanwhile, those who:

✅ Reviewed early
✅ Fixed during dips
✅ Stayed informed through market updates

…avoided the worst of the chaos.

📌 “Markets don’t always move when the headlines do — but when they do move, it’s usually too late to act.”

📉 Where Are Prices Right Now?

As of Tuesday 17 June 2025:

So yes — prices eased slightly today.

But that’s after a sharp surge late last week, where:

• Brent crude nearly hit $78.50
• Day-ahead power jumped over 10% in a single day
• Forward gas and power contracts saw renewed upward pressure



Even today, Winter 2025 contracts are holding well above 100p/th, signalling long-term concern still priced in.

❓So, Should You Be Fixing Right Now?

Let’s be clear: we’re not saying another crisis is guaranteed.

But we are saying this:

Would you prefer to lock in at a relatively stable market today — or risk kicking yourself later if this turns into another 2022?

You don’t need to panic.



You just need to be informed.

🧭 What We Recommend Based on Your Renewal Date

👉 Sign up for market alerts to receive updates based on your timeline — no spam, just useful insights to help you avoid overpaying.

🔍 Why Global Conflict Matters — Even to UK Businesses

The UK doesn’t buy oil or gas directly from Iran — but global energy pricing is interconnected.

• A threat to Middle East LNG supply? UK prices rise.
• Oil hits $100 again? Power and transport costs follow.
• A nuclear facility hit, or a blocked shipping lane? Expect instant market shock.



Even the talk of de-escalation, like today’s ceasefire murmurs, is enough to lower prices temporarily — showing just how fragile the market currently is.

💬 Final Thoughts: This Isn’t About Fear — It’s About Timing

Right now, we’re in a window where prices have cooled slightly. But geopolitical risk hasn’t gone away — and forward contracts still reflect concern.

If you're within 6–12 months of renewal, now is the time to review.
If you’re further out, now is the time to stay informed.

Either way, ignoring it altogether could cost you later.

✅ Let’s Help You Take the Guesswork Out of It

We work with 28+ UK suppliers and track the market daily — so you don’t have to.

📩 Get a no-obligation quote
📬 Sign up to daily, weekly, monthly or quarterly updates
📞 Or contact us directly if you want to talk through your contract options

Don’t wait for a crisis. Plan with confidence — today.