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Why the US’s Iran-fuelled inflation is trouble for Trump (and the UK)
Published 1 month ago
Description
Americans are finally feeling the pinch due to Trump’s war in Iran, with inflation surging to a three-year-high.
There’s no end to hostilities in sight, and with the Strait of Hormuz – which handles a fifth of global oil and gas supplies – still closed, it looks like prices will continue to rise.
With any economic pain the US experiences amplified across the pond, how will the UK cope with yet more financial upheaval?
Plus, what does this all mean for Trump’s presidency ahead of the mid-term elections in November?
Mhari Aurora is joined by Sky News’s business and economics reporter James Sillars.
Have you got a question for the show? Email us: why@sky.uk