UK Energy Market Briefing – 16 March 2026

UK Energy Market Briefing – 16 March 2026

Energy markets have moved sharply higher in recent days following disruption to shipping routes in the Strait of Hormuz, one of the world’s most critical energy transit corridors. The development has introduced a renewed geopolitical risk premium into global energy markets, driving volatility across oil, gas and power trading.

In our latest UK Energy Market Briefing, we examine the drivers behind the recent market movements, including the impact on UK gas and electricity forward prices, the role of LNG supply dynamics, and what current market conditions could mean for businesses approaching energy contract renewal.

Download the full briefing below for our latest market insights and procurement strategy considerations.

Download the link for the full market report

To request a market review or discuss your upcoming renewal, contact the Sustainability Energy team.