The Price of War: How the Iran Conflict is Shaping Up Britain's Fuel Crisis The UK's fuel crisis has been a long time coming, but its latest manifestation petrol prices hitting their highest level since the Iran war began should come as no surprise.
Any conflict in the region inevitably affects global oil supplies and prices. The wholesale price of oil has always driven petrol prices at the pump.
Currently, Brent crude is hovering around $90 a barrel, down from its peak above $120 but still higher than pre conflict levels.