Britain facing fresh oil supply crisis, warn independents

Britain is in the grip of a fresh oil crisis, with supplies to hospitals, petrol stations and households all under threat, according to independent wholesalers and retailers.

The looming crisis has been caused by a combination of factors such as bad weather, Hurricane Katrina, the Buncefield oil depot fire and fears that the dispute between Russia and Ukraine over gas supplies would cause a run on oil. But it has been exacerbated by the sharp rise in gas prices, which has prompted some gas-fired power stations to switch to gasoil and kerosene.

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