
British households already stretched by years of cost-of-living pressures now face a second wave of food inflation as the Iran war chokes off a critical but overlooked supply chain: fertiliser.
While headlines have focused on Brent crude settling at £75.34 ($100.46) per barrel on 12 March, the highest since August 2022, the real threat to supermarket bills lies in what else passes through the Strait of Hormuz.