UK inflation jumped to 3.3% in March 2026 as the Middle East conflict drove petrol, diesel and air fares higher. What it means for SMEs, interest rates and the Bank of England. Read more: Inflation climbs to 3.3% as middle east conflict drives up fuel bills for Britain’s SMEs
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Tesco chief Ken Murphy urges ministers to ease tax and energy costs as the grocer posts an 8.5% profit rise and widens guidance amid the Iran conflict. Read more: Tesco urges ministers to ease cost burden as Iran conflict clouds outlook
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Resolution Foundation warns typical working-age household faces 0.6% income decline as oil and gas price rises driven by Iran conflict wipe out energy cap savings. Read more: Rising energy costs from Middle East conflict set to leave UK households £480 worse off this year
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Britain’s private sector barely grew in March as the Middle East conflict drives up costs and dampens confidence, raising the spectre of stagflation for SMEs already under pressure. Read more: The spectre of stagflation returns as Britain’s private sector grinds to a near-halt
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Shipping giant Maersk has suspended operations at Oman’s Port of Salalah after a drone strike on oil storage facilities, highlighting growing disruption to global trade routes amid the escalating Iran conflict. Read more: Maersk halts operations at Oman port after drone strike widens Iran conflict disruption
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Oil markets are reassessing the geopolitical risk premium after Brent surged to nearly $120 before falling, writes Sasha Foss, Energy Analyst at CSC Commodities, a division of Marex The post Trader’s view: What’s next as oil whipsaws after a $120 surge? appeared first on Gulf Business.
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Ratings agency expects conflict to recede, echoing Moody’s recent view that the escalation may not last beyond a month The post S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed appeared first on Gulf Business.
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When force majeure is declared, companies may temporarily halt deliveries or operations without being considered in breach of contract The post Why force majeure is spreading across Gulf energy markets appeared first on Gulf Business.
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Latest Moody’s report says baseline scenario assumes disruption will last only weeks, with risks mainly flowing through investment portfolios rather than insurance claims The post Ratings agency Moody’s expects Iran conflict to be “relatively short-lived” appeared first on Gulf Business.
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