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Home ยป How fluctuating oil prices are affecting people around the world | UK News
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How fluctuating oil prices are affecting people around the world | UK News

By uk-times.com10 March 2026No Comments1 Min Read
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The impact of the US and Israel’s war in Iran is starting to hit home – no matter where people live.

As the conflict blocks oil exports from the Gulf region, and producers start to cut output, the supply shock has rattled financial markets, driving up prices at the pump and raising fears of a bigger economic hit.

Brent crude and the US benchmark, West Texas Intermediate, have both surged since the war began, approaching $120 per barrel at one point on Monday, before falling back to just under $85 per barrel.

The ‘s Nick Johnson hears from people in the Philippines, Bangladesh and Northern Ireland to find out how oil prices are affecting people in the different parts of the world.

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