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Dale Vince Urges Ed Miliband to Ban North Sea Oil Exports Amid Iran War Energy Crisis

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Dale Vince Urges Ed Miliband to Ban North Sea Oil Exports Amid Iran War Energy Crisis

One of the Labour Party’s most prominent financial backers has called on Ed Miliband to slam the brakes on North Sea oil and gas exports, warning that the escalating conflict with Iran could leave Britain dangerously short of fuel.

Dale Vince, the green energy entrepreneur behind Ecotricity, said the Energy Secretary must be prepared to act decisively, instructing operators in the basin to keep hydrocarbons at home should supplies tighten further. Speaking to the Daily Telegraph, he argued it would be “bonkers” to continue shipping British barrels overseas while households and businesses brace for a squeeze.

“We can ban exports from the North Sea. China have done it,” Mr Vince said, pointing to Beijing’s willingness to prioritise domestic consumption during periods of strain. “If we are facing the prospect of a fuel shortage, then stop exporting it.”

Britain currently pumps around 53 million tonnes of crude annually, the bulk of which heads to refineries in the Netherlands, Poland and beyond. In a quirk of the global trading system, the country then imports roughly 51 million tonnes to feed its own forecourts and power stations, leaving it fully exposed to price spikes on world markets.

That exposure has become painfully evident since hostilities in the Gulf erupted last month. Roughly one-fifth of global oil and liquefied natural gas supplies remain bottled up behind Tehran’s closure of the Strait of Hormuz, sending Brent crude soaring to about $109 a barrel from $77 at the start of the month. Wholesale gas has jumped by around three-quarters, pushing up pump prices and prompting warnings from suppliers that household energy bills will climb sharply in the months ahead.

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The crisis has reignited a fierce debate over Britain’s energy security, with industry voices pressing Mr Miliband to accelerate drilling and to rubber-stamp the contested Rosebank and Jackdaw fields. Reports on Friday suggested the Energy Secretary may approve Jackdaw while blocking Rosebank, a decision likely to inflame both sides of the argument.

Mr Vince remains opposed to any fresh expansion but believes the Government should extract maximum value from the ageing basin’s remaining reserves. He proposed offering existing operators contracts for difference, a mechanism more commonly associated with renewables, to prevent what he described as “a cliff-edge event where operators walk away because prices collapse”.

The intervention is certain to provoke fierce resistance from private producers, who rely on international buyers for the lion’s share of their revenue. Yet Mr Vince said the present moment exposes the folly of exposing Britain’s domestic output to volatile global benchmarks.

“We’ve opened ourselves up to global markets, but the concept of globalisation is costing us an arm and a leg when there’s an energy crisis,” he said. He contrasted the British approach with that of the United States, which restricts certain fuel exports and has long enjoyed the benefit of cheaper domestic gas. “We’re back to a situation where whatever we make in the North Sea costs us the global price.”

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Mr Vince also used the moment to argue that the conflict should prompt a wider rethink of Britain’s dependence on Washington. The US has become the largest single supplier of crude to the UK, accounting for roughly 30 per cent of imports. “It alarms me to be reliant on the US for anything,” he said, describing the current American administration as “a very undependable regime” and calling for greater strategic independence from Washington.

Ultimately, he argued, the long-term answer lies in weaning the country off hydrocarbons altogether. “The answer is to get off fossil fuels and to break the link between the global price of fossil fuels and those that we make in our country.”

A Government spokesman defended the current approach, insisting Britain benefits from “a strong and diverse mix of fuel supply” spanning both imports and domestic production. Officials added that UK refinery output of petrol from crude exceeded demand in 2025, leaving a surplus available for export.


Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

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FBI Analyzes New Evidence as Sheriff Faces Scrutiny

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TUCSON, Ariz. — The search for 84-year-old Nancy Guthrie, mother of NBC “Today” show co-anchor Savannah Guthrie, reached its 85th day on Sunday with no arrests and her whereabouts still unknown, as the FBI continues analyzing new forensic evidence including hairs recovered from her Catalina Foothills home while the Pima County Sheriff’s Department draws criticism over investigative missteps and public communications.

Guthrie was last seen Jan. 31 after visiting her daughter Annie’s home. She failed to appear for a virtual church service the next day, prompting a missing persons report Feb. 1. Authorities quickly classified the case as an abduction after finding bloodstains matching her DNA on the front porch. Surveillance footage captured a masked, gloved suspect yanking her Ring camera before the apparent struggle.

The FBI has taken a more prominent role, sending hairs and other items found inside the home to its laboratory for advanced testing after initial local analysis. Sources close to the investigation told NewsNation the new evidence could yield critical leads. Gloves discovered about two miles away yielded unknown male DNA that has not matched CODIS or the scene, adding to the puzzle.

Pima County Sheriff Chris Nanos has repeatedly stated the family is fully cooperative and cleared of suspicion, calling rumors otherwise “cruel.” He maintains belief that Nancy could still be alive, though no confirmed sightings or credible ransom resolutions have emerged despite early notes received by the family. A $1 million family reward remains active for information leading to her recovery.

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Recent weeks brought confusion and backlash after the sheriff’s department posted on social media that “Nancy has been located,” accompanied by a flyer. The post actually referred to a different elderly woman, Nancy Radakovich, who had been found safe. Critics labeled the communication “tone deaf” and insensitive to the Guthrie family’s ongoing anguish.

Nanos denied recent reports of another person detained south of Tucson for questioning, responding curtly with “Nope” when asked by reporters. Legal commentator Nancy Grace had highlighted the potential development on her program, fueling speculation before the denial.

Internal challenges have surfaced. Sources told NewsNation the homicide unit supervisor assigned early in the case had never previously worked a homicide investigation, contributing to alleged early mistakes. The department faced a no-confidence vote from deputies earlier in the probe. Increased patrols continue in the neighborhood, with officers sealing off streets and questioning residents about unusual activity, including possible internet disruptions the night of the abduction.

Savannah Guthrie returned to the “Today” show in early April, delivering an emotional message of hope while acknowledging the family’s pain. She and her siblings have shared public appeals, emphasizing key dates including Jan. 11 — weeks before the disappearance — that may connect to unusual activity around their mother’s home. The family donated $500,000 to the National Center for Missing & Exploited Children.

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Investigators believe Guthrie was specifically targeted. Her physical limitations make it unlikely she wandered off, and the violent scene at the threshold suggests a swift, planned operation. A propped-open back door noted by family members added to the mystery, as did the suspect’s apparent preparation with gloves and mask.

The case has drawn national fascination and volunteer efforts, including from groups like the United Cajun Navy. Amateur searches and tip lines have generated tens of thousands of leads, though officials stress the need for verified information to avoid hindering progress.

As spring advances in the desert, concerns grow over time-sensitive evidence and Nancy’s health if she remains held. Temperatures in the region can fluctuate dramatically, complicating any outdoor scenarios. No confirmed second location has been identified despite extensive searches.

Sheriff Nanos has asked for public patience while promising the investigation remains active with dedicated detectives and federal partners. FBI agents have canvassed neighborhoods multiple times, focusing on surveillance, timelines and digital forensics. A related January incident at or near the home is reportedly under review.

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Experts, including retired FBI agents, have offered varied assessments. Some predict an eventual “underwhelming” suspect reveal — perhaps someone with tangential connections rather than a sophisticated operation. Others note the amateurish elements captured on camera alongside signs of planning.

The high-profile nature has amplified scrutiny of the Pima County Sheriff’s Office leadership. Separate controversies involving Sheriff Nanos’ past have overlapped with the case, though officials insist resources remain focused on finding Nancy.

For the Guthrie family, each passing day brings renewed heartache alongside determination. Savannah has described details that “don’t add up,” including the family’s initial fears of ransom and the surreal nature of the ordeal. Public support has poured in, with well-wishers and true-crime communities sharing the reward flyer widely.

No timeline for resolution exists. Officials continue urging anyone with information — no matter how small — to contact the FBI tip line or sheriff’s department. The $1 million reward can be paid anonymously in cash if it leads to Nancy’s recovery or the arrest and conviction of those responsible.

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As the investigation stretches into its third month, the blend of forensic diligence, community vigilance and family resilience defines the effort. Nancy Guthrie remains missing, but authorities and loved ones refuse to give up hope that answers — and her safe return — remain possible.

This story continues to develop. Updates will follow any new forensic results, tips or statements from officials.

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ICE detains family less than two days after court ordered their release, lawyers say

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ICE detains family less than two days after court ordered their release, lawyers say


ICE detains family less than two days after court ordered their release, lawyers say

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Semiconductor Stocks Are on a Historic Winning Streak. Why It’s Time to Cash In.

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Semiconductor Stocks Are on a Historic Winning Streak. Why It’s Time to Cash In.

Semiconductor Stocks Are on a Historic Winning Streak. Why It’s Time to Cash In.

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Trump removed from White House correspondents dinner as attendees take cover

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Trump removed from White House correspondents dinner as attendees take cover

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Why Trade Desk Stock Could Be the Next Big Short Squeeze

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Why Trade Desk Stock Could Be the Next Big Short Squeeze

Why Trade Desk Stock Could Be the Next Big Short Squeeze

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Pulse Biosciences, Inc. (PLSE) Shareholder/Analyst Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Pulse Biosciences, Inc. (PLSE) Shareholder/Analyst Call April 25, 2026 1:45 PM EDT

Company Participants

Paul LaViolette – President, CEO & Co-Chairman of the Board
Robert Duggan
Darrin Uecker – CTO & Director
David Kenigsberg – Chief Medical Officer
Liane Teplitsky – Chief Operating Officer

Conference Call Participants

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Anthony Petrone – Mizuho Securities USA LLC, Research Division
Joshua Jennings – TD Cowen, Research Division

Presentation

Paul LaViolette
President, CEO & Co-Chairman of the Board

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Good afternoon, everybody. I’m Paul LaViolette, Chief Executive Officer of Pulse Biosciences. Really proud to have this gathering at HRS. We’ve been trying to provide updates at every single critical meeting on the itinerary symposium. And today represents a really nice opportunity for us to see you again.

Before we dive in, I just want to introduce a few of the Pulse members who will not be presenting today. I’ll be joined by Dr. Kenigsberg and Darrin Uecker, momentarily, our Chief Medical Officer, Chief Technology Officer, respectively. I want to introduce Bob Duggan. Bob is our Chairman, our principal investor and really the visionary for the last decade behind the establishment of nsPFA as a next-generation energy to ablate in EP and many other parts of the body, as you’re aware.

Robert Duggan

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And I’ll defer to Darrin Uecker always.

Paul LaViolette
President, CEO & Co-Chairman of the Board

Darrin is our Bob whisperer. I also want to introduce Liane Teplitsky. There she is, Liane. Liane has just joined us as Chief Operating Officer. Liane has a pronounced career in med tech, but emphatically 18 or so years in the EP space. Knows many of our clinicians, knows the AFib technology area intimately. We’re super happy to have her join and to add some extra horsepower in the drive of our clinical, regulatory and commercial areas.

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Also joining Jon Skinner, our

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Texas Capital Bancshares, Inc. 2026 Q1 – Results – Earnings Call Presentation (NASDAQ:TCBI) 2026-04-25

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q1: 2026-04-23 Earnings Summary

EPS of $1.58 beats by $0.17

 | Revenue of $323.99M (15.51% Y/Y) beats by $5.06M

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Global central banks brace for ’holding pattern’ as energy volatility bites

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US-Iran peace hopes fade as Trump scraps talks

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US-Iran peace hopes fade as Trump scraps talks

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Origin Bancorp, Inc. 2026 Q1 – Results – Earnings Call Presentation (NYSE:OBK) 2026-04-25

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q1: 2026-04-22 Earnings Summary

EPS of $0.90 beats by $0.01

 | Revenue of $104.04M (10.61% Y/Y) beats by $63.50K

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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