The Guardian Australia – Business ·business ·1 hour ago

Iran tensions push Britain toward seven percent food inflation fears

Four in five Britons are worried that the Iran conflict will increase food prices, an Opinium poll found. The blockade of the Strait of Hormuz has driven up oil, gas and fertiliser costs, with the Bank of England forecasting food inflation to reach 7% by year-end.

Summary by Glance · The Guardian Australia – Business

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