Is the UK government prepared for oil price hikes? – podcast

Is the UK government prepared for oil price hikes? – podcast - short news


Oil prices have already shot up thanks to the US-Israeli war in Iran. But what is the economic fallout likely to be? Will interest rates rise? What about inflation? Could the cost of borrowing increase – and by how much? Pippa Crerar and Kiran Stacey discuss how the cost of living might be hit and the political implications of that

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source: The Guardian - 09.03.2026

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