India, June 12 -- The ongoing US Israel-Iran war has led to a string of side effects. And now, the UK's Office for National Statistics, that the economy in April, contracted as a result.

The Latest Claims from ONS

Today, the Office for National Statistics (ONS) released some figures about the performance of the UK economy. And according to them, the economy fell by 0.1% in April.

This is a stark contrast to the figures from January to March, which witnessed a growth of 0.7%. Many economists believed that there would be a dip due to the ongoing Iran conflict.

UK Economy Update: Why Did the Economy Fall in April?

The decline in April's GDP can be attributed to the volatile conflict in West Asia, which has caused a global surge in fuel ...