Supply shortage fears push UK to ramp up contingency planning over Iran war
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Britain is “dialing up” efforts to shield households from the economic fallout of the Iran war, a senior minister said, as officials warned that higher prices could persist for months even after the conflict ends, Anadolu reports. Chief Secretary to the Treasury Darren Jones said the government was stepping up contingency planning amid concerns that the closure of the Strait of Hormuz, a key route for global oil and gas shipments, could disrupt supplies. “We’re acting now to prepare for, and mit
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