New UK Prime Minister Sunak Faces Major Challenge With Energy Crisis

New UK Prime Minister Sunak Faces Major Challenge With Energy Crisis

OilPrice.com

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Rishi Sunak will be the next prime minister of the UK after former PM Boris Johnson backed out of the race late on Sunday and Penny Mordaunt dropped out of the leadership race to replace Liz Truss on Monday. Sunak, a former Chancellor of the Exchequer, said on Sunday, “I want to fix our economy, unite our Party and deliver for our country,” as the UK faces an economic and market turmoil, as well as a cost-of-living crisis propelled by soaring energy and food prices.    Sunak is now winning the leadership race of the Conservative…

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