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International Business Times UK
International Business Times UK
National
Rosemarie Zamora

UK Prices Could Stay High After Iran Conflict, Minister Says – Why Inflation Won't Fall Quickly

Iran United Kingdom Inflation Darren Jones Sir Keir Starmer Donald Trump United States

The United Kingdom government on Sunday warned that prices will stay high for a long time even after the war in Iran ends.

Energy, food, and transport costs have already risen, and officials say the effects will continue for months because global oil supply routes have been disrupted.

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