Which leading economies will pay the biggest price for the Iran war?
American consumers will feel pain at the petrol pump, but US is a net energy exporter unlike its European allies
American consumers will feel pain at the petrol pump, but US is a net energy exporter unlike its European allies

Conflict has exposed how much growth depends on energy supplies through the Strait of Hormuz

Some of the world’s biggest fuel importers rush to secure oil and gas supplies as Middle East conflict chokes flow

Higher fuel costs will make it more expensive to transport goods and plant crops

Wave of inflation will persist as higher fuel prices feed through into businesses

Extent of increase likely to depend on whether Tehran retaliates with attacks on oil infrastructure or shipping in Strait of…

There are lasting lessons about energy resilience to be learnt from this conflict