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How the Iran War Will Determine Britain's Economic Growth | OilPrice.com
EY says the UK economy could outperform previous expectations this year but warns that a prolonged disruption to energy supplies caused by the Iran conflict could halt economic growth and drive inflation sharply higher.
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independent.co.uk
Prolonged Iran war could tip UK into recession next year, report warns
The EY economic outlook cautions that GDP could slow to 0.5% this year and contract by 0.2% next year if the Strait of Hormuz remains shut into 2027.
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cityam.com
Iran war could ‘halt growth’ across UK economy
Big Four consultancy EY has said that the UK economy could perform better than first expected this year if the Strait of Hormuz re-opens.
