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The Guardian says the cap on the profits of renewable energy firms provoked accusations Downing Street had performed “another screeching U-turn” after previously rejecting calls to impose a windfall tax. The paper reports a new temporary revenue limit for renewable and nuclear electricity generators in England and Wales will the curb the amount firms can make and will come into force at the start of next year.

Guardian Front Page 23rd of March 2026

Iran warned it would target water infrastructure if the US hits its power plants, escalating a dispute over access to the Strait of Hormuz. Experts say striking essential services would harm civilians and likely breach international law, urging restraint to avoid wider disruption.

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Guardian Front Page 21st of March 2026

Trump criticised Nato allies over the Gulf crisis. The UK has begun contingency planning and authorised the use of its bases for operations against launch sites threatening shipping, amid warnings that energy and borrowing costs could rise.

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Guardian Front Page 20th of March 2026

Iran issued a fresh warning over Gulf shipping, heightening fears of an energy crunch. Delayed cargoes and higher risk premiums lifted oil and gas prices. Ministers and suppliers warned of pressure on bills, urging calm while contingency measures and diplomatic channels are pursued.

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Guardian Front Page 19th of March 2026

Israel carried out a military operation against Iran’s South Pars gasfield, part of the world’s largest. The move pushed oil prices higher and prompted warnings of retaliation, raising concerns over energy security and the risk of wider regional instability.

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