Higher fuel, energy and food prices could linger following Iran war - Article Milton Keynes & Wellingborough : Crouchers

You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.

Higher fuel, energy and food prices could linger following Iran war

Government ministers have warned that higher prices for fuel, food, energy and flights could linger following the end of the US-Israel war with Iran.

28 Apr 2026

Government ministers have warned that higher prices for fuel, food, energy and flights could linger following the end of the US-Israel war with Iran.

According to the government, energy production and transportation across the Middle East have slowed due to the conflict, which has adversely impacted supply chains and caused prices to rise globally.

Darren Jones, Chief Secretary to Prime Minister Keir Starmer, told the BBC that the government is considering how to combat price rises and is stepping up its plans to offset potential shortages of food and fuel.

Government officials recently created a plan to handle a 'worst-case scenario' of food shortages by the summer, dependent on whether the war continues.

Mr Jones commented: 'Our best guess is eight plus months from the point of resolution that you'll see economic impacts coming through the system.

'So people will see higher energy prices, food prices and flight ticket prices as a consequence.'

acca

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

Crouchers Chartered Accountants, 1 Copperhouse Court, Caldecotte Business Park, Milton Keynes, Buckinghamshire MK7 8NL
Crouchers Chartered Accountants, Linden Building A, 8-9 Regents Park, Booth Drive, Wellingborough, Northants NN8 6GR
Crouchers Chartered Accountants, Office Suite 3, The Hall, Priory Hill, Rugby Road, Wolston CV8 3FZ
Crouchers Ltd | Registered Office : Milton Keynes address above | Co. No. : 08647307 | Registered in England
Crouchers Chartered Accountants are registered as auditors and regulated for a range of investment business activities in the United Kingdom by the Association of Chartered Certified Accountants. Details of our registration can be viewed at www.auditregister.org.uk.

Send an email: hello@crouchers.co.uk

Crouchers Chartered Accountants - Accountants in Milton Keynes & Wellingborough

© 2026 Crouchers Chartered Accountants. All rights reserved. We use cookies on this website, you can find more information about cookies here.