Household energy prices in the UK are set to rise for the first time in July, driven by escalating wholesale costs due to the ongoing conflict in Iran. The energy regulator, Ofgem, is expected to announce a new price cap that will increase by 13%, resulting in an average annual bill of £1,850, which is £209 more than current rates. This increase is largely due to a 25% surge in global gas prices, particularly influenced by disruptions in the Strait of Hormuz. While domestic energy bills had previously decreased by 7% from April to July, the upcoming cap reflects the new realities of the energy market. The cap affects about 19 million households across England, Scotland, and Wales, while those on fixed tariffs will not see immediate changes. The government is also working on initiatives to support vulnerable households as energy prices are expected to rise further into the winter months. Experts suggest that households can take proactive steps to reduce energy consumption to help manage costs.