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Could war in Iran make the cost of living crisis worse? | This Is Why
Posted
March 3, 2026
Views
11,229
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March 3, 2026
11,229
94
49
1.27%
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3:52
16:51Now PlayingRachel Reeves may have delivered her Spring Forecast – but have events in the Middle East made the chancellor’s announcement redundant?
With President Trump predicting the Iran conflict could continue for a further four to five weeks, the world is starting to realise the economic consequences.
Global oil and gas prices are spiking and fuelling the threat of higher inflation and interest rates.
Niall is joined by Sky’s economics and data editor, Ed Conway, to discuss the effects on the UK economy – and why you might be feeling the pinch.
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