Conflict is driving up fuel prices, impacting the UK economy, according to the Office for National Statistics.
5 reports, 5 independent
Updated Jun 23
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What happened
Conflict is driving up fuel prices, impacting the UK economy, according to the Office for National Statistics.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Conflict is driving up price pressures in the UK economy.1 source
Expert commentary on how the Middle East conflict is driving up global costs and impacting the UK economy post-Brexit.1 source
ONS reports that conflict is driving up fuel prices and affecting the UK economy.1 source
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The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
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- Operational costs driven by the conflict in the Middle East are causing increases in diesel prices.
- Global supply issues, driven by the Middle East conflict and Hormuz Strait blockade, are pressuring UK energy prices and affecting national inflation warnings.
- Conflict in the Middle East drives oil price volatility, accelerating inflation and interest rate changes.