Iran latest: Britain’s braces for petrol price SURGE as war in Middle East hits UK

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Iran latest: Britain’s braces for petrol price SURGE as war in Middle East hits UK

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‘If that supply is disrupted on a persistent basis then I think we are looking at recessions on both sides of the Atlantic.’

Economist Tyler Goodspeed assesses how likely surging oil prices could push the UK into a recession.

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Date: March 9, 2026