UK Moves to Ban New North Sea Oil and Gas Licences Permanently

-The UK government will introduce legislation banning new North Sea oil and gas exploration licences as part of its Energy Independence Bill. -Critics argue the policy will increase Britain’s reliance on imported fossil fuels while damaging Scotland’s oil and gas industry. -Rising oil prices and disruptions tied to the Iran conflict have intensified political pressure on Labour to reconsider the ban. The government will make it illegal to grant new oil and gas licences in the North Sea, the King said at the state opening of Parliament, in a sign ministers are refusing to buckle in the face of a...