Could war in Iran make the cost of living crisis worse? | This Is Why

Rachel Reeves may have delivered her Spring Forecast – but have events in the Middle East made the chancellor’s announcement redundant? With President Trump predicting the Iran conflict could continue for a further four to five weeks, the world is starting to realise the economic consequences. Global oil and gas prices are spiking and fuelling the threat of higher inflation and interest rates. Niall is joined by Sky’s economics and data editor, Ed Conway, to discuss the effects on the UK economy – and why you might be feeling the pinch. Have you got a question for Niall? Email the show – [email protected] Follow This is Why, available for free here: https://podfollow.com/thisiswhy Follow Niall on Instagram: https://www.instagram.com/skynewsniall Follow Niall on X: https://x.com/skynewsniall SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on X: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Listen to our new podcast This is Why, available for free here: https://podfollow.com/thisiswhy To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales