The British oil and gas industry was dealt a blow on Wednesday after the newest Prime Minister Rishi Sunak said he would reinstate a ban on fracking in England, according to the Financial Times citing a senior government insider. Sunak’s predecessor, who survived in office for just 45 days, lifted England’s ban on fracking in September as one of her first actions as Prime Minister and campaigned on the prospect of increasing oil drilling in the North Sea and boosting nuclear power. Former PM Liz Truss said that her number one priority…
