28/05/2026
Iran conflict: what rising oil prices mean for UK households
The conflict in Iran continues to drive political and economic uncertainty across the world. Less than a month in, UK consumers are already experiencing higher product costs across certain markets. How will your finances fare in the next year amid the heightened volatility?
The Office for Budget Responsibility (OBR) has warned inflation could hit 3% by the end of the year, pushing up daily living costs for consumers.
The prediction by the government’s economics watchdog is a result of the ongoing – and intensifying – Iran conflict. It has seen inflation move away from its downward trajectory both here in the UK and further afield.
Read the full article concerning the Iran conflict and the inflation caused by oil prices at https://www.libertywm.co.uk/iran-conflict-what-rising-oil-prices-mean-for-uk-households/
Liberty Wealth Management Limited is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority).
SJP Approved 23/03/2025