Iran war ‘will knock £480 off UK household incomes by the end of the year’

Donald Trump launched the war on Iran a month and a half ago (Picture: Tasos Katopodis/Getty Images)

British households incomes will be £480 lower this year compared to a world where the Iran war never kicked off, according to new analysis.

The hike in oil and gas prices resulting from the effective closure of the Strait of Hormuz over the past six weeks has cause global economic turmoil.

Bills for UK households have not yet been affected, with Read Entire Article