How will your finances be affected by the war in the Middle East?

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Published Mar 11, 2026

There 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: https://news.sky.com/story/iran-latest-trump-tehran-israel-strikes-us-drone-live-sky-news-13509565

#skynews #morningswithridgeandfrost #iranwar #israeliranconflict #oil #globaleconomy #inflation

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Category: News24
Tags: Barclays, Bank, finance

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How will your finances be affected by the war in the Middle East?

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