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UK inflation rate rises to 3.3% in March after Iran war pushes up fuel prices

impact of the Middle East conflict on the cost of living in the UK. Inflation is now expected to be higher this year due to the war and higher energy costs could also slow down

UK faces higher prices for eight months after war in Iran ends, says minister

oil prices soaring since the US and Israeli attacks on Iran began in February. Darren Jones, the chief secretary to the prime minister, said the conflict would probably continue to raise prices for energy, food

Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS

Iran war on 28 February. Venkatakrishnan warned of a broader impact of the rise in energy prices if the war dragged on. “Higher oil prices and the longer they go on will have an impact

What people in power think the impact of the Iran war will be

conflict is over," he said. Kristalina Georgieva, IMF managing director told me, the world faced a "slower moving shock" while the World Bank's president Ajay Banga told me about the impact on economically poorer

Gasoline could drop below $4 in coming days

Iran, airlines around the world are canceling flights and scaling back routes due to surging jet fuel prices.](https://npr.brightspotcdn.com/dims3/default/strip/false/crop/2856x2856+677+0/resize/100/quality/85/format/jpeg/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F9b%2F66%2F20a4d7a94b11b7aab921d6132a81%2Fgettyimages-2270636076.jpg)](https://www.npr.org/2026/04/16/nx-s1-5785258/jet-fuel-airline-cost-iran-war-oil) ### [Middle East conflict](https://www.npr.org/series/1205445976/middle-east-crisis) ### [Jet fuel prices double, leading airlines to increase

Bank of England leaves interest rates on hold at 3.75%

impact of the Iran war. The Bank’s rate-setting monetary policy committee (MPC) voted to leave borrowing costs on hold at noon on Thursday, after its latest rate-setting meeting. The vote

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

impact of the crisis in the Middle East triggered by the US and Israel’s attacks on Iran. The chief executives of HSBC, [Barclays](https://www.theguardian.com/business/barclay), Lloyds, NatWest and Santander have been asked

Two weeks that pushed Trump to the edge. Is his presidency unravelling?

Iran war could become Trump’s equivalent of Hurricane Katrina, the catastrophic tropical cyclone that killed 1,392 people in and around New Orleans in 2005 and inflicted huge damage on President George W Bush

Why are anti-war protests in the West muted on Iran?

price increases, fertiliser shortages and stock market volatility – the effects have been felt faster than in most previous conflicts. Why? There are few clear answers — but analysts say several factors might help explain why this

Tui cuts profit forecast as effects of Iran war cost travel group €40m

Iran war has cost the travel company Tui €40m (£34.7m) so far, including repatriating almost 12,000 holidaymakers and staff, and forced it to cut its profit forecast for this year. Europe’s biggest

Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies

impact of the war in Iran ripples across the aviation industry. [![A worker fuels a Delta Airlines plane at Salt Lake City International Airport on April 09, 2026. As fuel prices continue to rise amid

Trump claims US has total control over strait of Hormuz after Iran seizes two container ships

prices at about $100 (£74) a barrel. While US forces have proved capable of stopping ships coming out of Iranian ports, they have still not demonstrated the capacity to open the strait to vessels coming

Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?

Iran conflict. “We are hearing from cafes and restaurants around the country that they’ve seen a slowdown in what patrons are purchasing,” says Wes Lambert, chief executive of the Australian Restaurant & Cafe Association. “Unfortunately

Ships attacked in Strait of Hormuz after ceasefire extension

conflict that has sent crude soaring and revived inflation fears. **ATTA KENARE/AFP via Getty Images** ATTA KENARE/AFP via Getty Images He also said his office would continue to "systematically degrade Tehran's ability to generate

As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’

Iran on February 28. Tehran retaliated by closing off the Strait of Hormuz, the narrow channel linking the Gulf to the Gulf of Oman, through which approximately 20 percent of the world’s oil

From night life in Egypt to rice farming in Vietnam, the war in Iran is a drain

impacts go beyond imports. Many households in Africa and Asia [depend on remittances](https://www.dw.com/en/iran-war-puts-south-asias-gulf-remittances-at-risk/a-76513989) from relatives who work in the Gulf and send money home, but the war has caused serious economic disruption

We can make sure another Chornobyl disaster does not happen, here is how

impacts, and costs that continue to mount across generations. The lesson is clear. When nuclear systems fail, the consequences are long-lasting, widespread, and extraordinarily difficult to manage. The damage does not end when headlines

Iran war’s big winners: Wall Street, weapons firms, AI and green energy

impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy. The war has damaged energy infrastructure across the Gulf, while critical exports like oil

Trump government extends Jones Act waiver by 90 days to dampen oil prices

impact on lowering prices is questionable](/economy/2026/4/13/energy-prices-rise-despite-jones-act-suspension-by-trump), reflects a broader push by the White House to dampen politically sensitive fuel price spikes before November’s midterm elections, where affordability is expected to be a defining

Why the Iran war did not go according to US plans

conflict. ## 1- Incorrect generalisation of the 12-day war experience Washington assumed Iran’s behavioural pattern from the short war with Israel would repeat, but this time the level of direct US involvement