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Evening Standard
Evening Standard
Politics
Helen Corbett

Price pressures could last for eight months after Iran war ends, minister warns

Darren Jones Iran Donald Trump PA Graphics United Kingdom
Drivers are being urged by ministers to keep filling up their cars as usual as higher prices hit petrol pumps (PA) - (PA Wire)

The British public could be hit with higher prices due to the war in Iran until eight months after the conflict ends, a minister has suggested.

The closure of the Strait of Hormuz, a key shipping lane that once carried a fifth of global oil and gas, has sent oil prices soaring since the US-Israeli war on Iran began.

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