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194 resultsfor “impact of war on Iran's economy”

Politics

US war on Iran was a 'mistake', says Reeves

war with Iran could plunge the global economy into recession, with the UK set to be the hardest hit of the world's advanced economies**.** Reeves said she was "not convinced that this conflict

BBC NewsApr 15
Business

Interest rates expected to be held as uncertainty over Iran war continues

Iran war continues Interest rates are expected to be held at 3.75% by the Bank of England, with uncertainty dominating the UK and global economies. Analysts are widely predicting the benchmark rate will be left

BBC NewsApr 29
Politics

Trump and Xi are set to meet. Where do US-China tariffs stand?

impact of the conflict, despite Beijing being Iran's biggest buyer of oil. Still, there are signs that as the war drags on it is testing the Chinese economy

BBC NewsMay 11
Politics

Iran faces a new energy imbalance, but its options are limited

impacts of the war with Israel and the United States on the economy mean the government has fewer tools at its disposal to deal with an energy crisis this summer. Despite having the world

Al Jazeera EnglishJun 3
Business

UK long-term borrowing costs reach 28-year high

Iran war has led to the effective closure of the Strait of Hormuz. That closure has impacted the world's supplies of oil and liquid natural gas, and caused energy prices to skyrocket. Markets have

BBC NewsMay 5
Politics

‘Clearly stronger’: Germany’s Merz says Iran ‘humiliated’ US in its war

economy. “It is, at the moment, a pretty tangled situation,” he said. “And it is costing us a great deal of money. This conflict, this war against Iran, has a direct impact

Al Jazeera EnglishApr 27
Business

Fed leaves interest rates unchanged in defiance of Trump’s calls for cuts

war in Iran looms. The Fed’s meeting ended hours after the US Senate banking committee confirmed the former Fed governor Kevin Warsh, clearing a procedural path for the whole Senate to confirm

The Guardian WorldApr 29
Business

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

BBC NewsApr 22
Conflicts

Somali pirates abandon hijacked UAE dhow due to dwindling supplies

war on Iran has also likely made fuel tankers, such as the Honour 25, more valuable to pirates, experts say. According to the World Bank, the annual impact of piracy off Somalia on the global

Al Jazeera EnglishMay 7
Business

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

The Guardian WorldApr 28
Politics

How the Iran war is hitting the UK

economy is “particularly badly exposed to the Iran shock as a big energy importer with weakly anchored inflation expectations and an already soft labour market”. For many people still recovering from the energy inflation shock

Al Jazeera EnglishApr 29
Business

UK braces for price rises driven by Iran war as economic confidence plummets

economy has fallen sharply amid the mounting economic fallout from the Iran war, surveys show, as businesses prepare to raise their prices and consumers brace for a fresh cost of living shock. Highlighting the knock

The Guardian WorldApr 23
Business

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

impact of Iran war, thinktank warns Britain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir Starmer

The Guardian WorldApr 28
Politics

Trump declares US-Iran peace deal ‘all signed’ as G7 leaders battle to tie up loose ends

impact of the war on oil prices meant inflation was now spreading across the European economy, with a secondary effect on wages. Trump faces a broader uphill task persuading his sceptical fellow G7 leaders that

The Guardian WorldJun 15
Politics

‘The Kamala Harris problem’: Vance’s 2028 hopes hinge on Trump, Iowa Republicans say

war in Iran has spiked the cost of diesel, which farmers depend on heavily. Jake Chapman, a former president of the Iowa Senate who has advised multiple Republican presidential candidates in Iowa, said the conflict

POLITICO PoliticsMay 6
Politics

Soaring fuel prices in Pakistan threaten economic and political crises

war could devastate this income. All this is impacting an already fragile economy weakened by years of inflation, debt stress and sluggish growth. ![Auto rickshaw drivers, along with members of the Awami Rickshaw Union, take

Al Jazeera EnglishApr 30
Politics

Macron frames Évian G7 agenda in hope Trump will stay for whole summit

Iran war, with the German chancellor, Friedrich Merz, [describing it as a US humiliation](https://www.theguardian.com/world/2026/apr/27/us-humiliated-iran-leadership-trump-merz) – will have to decide whether to look ahead, or pass verdict on a war that has upended

The Guardian WorldJun 15
Politics

Andy Burnham’s change in tack on fiscal rules and bond markets is understandable

economies, the UK government’s borrowing costs have risen sharply amid the fallout from the Iran war. Primarily, the rise in the yield – in effect the interest rate – on the UK’s long-term borrowing

The Guardian WorldMay 18
Business

Bank of England boss tells BBC he won't rush interest rate rises

Iran six weeks ago, the Bank of England was widely expected to lower rates over the course of this year. However the threat of higher prices, due to rising energy costs, has prompted speculation rates

BBC NewsApr 15
Business

Public procurement of electricity could save GB households £200 a year, says thinktank

impacts of the Iran war, which has driven up gas prices. Although the UK’s increasing use of cheaper renewable energy should bring prices down, the current structure of the market allows gas generators

The Guardian WorldJun 10
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