What could US-Iran peace deal mean for UK household costs?

The impact on petrol and food prices, energy bills and mortgages if the truce holds and strait of Hormuz reopens

The Guardian

Oil prices plummet as Trump claims he is close to US-Iran deal
By Jillian Ambrose

Brent crude falls as optimism rises that strait of Hormuz could reopen over the weekend

https://www.theguardian.com/business/2026/jun/12/global-oil-prices-trump-us-iran-deal-brent-crude-strait-of-hormuz

#Oil #Economics #Business #USIsraelwaronIran #UKnews #USnews #Worldnews #StraitofHormuz #Commodities #JillianAmbrose

Oil prices plummet as Trump claims he is close to US-Iran deal

Brent crude falls as optimism rises strait of Hormuz could reopen over the weekend Business live – latest updates

The Guardian

Oil prices plummet as Trump claims he is close to US-Iran deal
By Jillian Ambrose

Brent crude falls as optimism rises strait of Hormuz could reopen over the weekend

https://www.theguardian.com/business/2026/jun/12/global-oil-prices-trump-us-iran-deal-brent-crude-strait-of-hormuz

#Oil #Economics #Business #USIsraelwaronIran #UKnews #USnews #Worldnews #JillianAmbrose

Oil prices plummet as Trump claims he is close to US-Iran deal

Brent crude falls as optimism rises strait of Hormuz could reopen over the weekend Business live – latest updates

The Guardian