Ministers have warned Brits will face higher prices until at least next year from the Middle East crisis.
Darren Jones said the fallout from ‘what Trump has done’ would have a ‘long tail’ even if the Strait of Hormuz reopens immediately – which seems unlikely.
Fielding broadcast questions for the Government this morning, Mr Jones said the impact would include higher costs for energy, food and holidays.
The grim assessment came with little sign of an end to the standoff, with Mr Trump having cancelled a trip by senior officials for negotiations hosted by Pakistan.
Keir Starmer told the President in a call this
To provide well-rounded coverage and a breadth of insight across various events, we rely on contributions from several staff writers, each bringing their own area of expertise to our publication.
