March 10, 2026
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5:49Now PlayingThere are fears the war against Iran could trigger another global cost of living crisis.
The price of oil soared to $120 per barrel on Monday but fell below the $100 mark after Donald Trump said the conflict could end soon.
The reduction of traffic through the crucial Strait of Hormuz is also impacting commodity prices - that could soon spike inflation around the world, a rise that would affect global interest rates, mortgage payments and rents.
Iran war latest
#skynews #morningswithridgeandfrost #iranwar #israeliranconflict #oil #globaleconomy #inflation
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