India, April 24 -- The United Kingdom is witnessing a fresh wave of price hikes across essential sectors-from fuel and food to transport and utilities-largely driven by the ongoing Iran war and its ripple effects on global energy and supply chains. What began as a geopolitical conflict has now evolved into a full-scale cost-of-living concern for households across the UK.

 Energy Shock at the Core of Rising Prices

At the heart of the crisis lies a sharp spike in global energy prices. The Iran conflict has disrupted oil supplies, particularly through the Strait of Hormuz-one of the world's most critical energy routes-triggering a surge in fuel costs.  In the UK, this has translated into the biggest fuel price jump in over three ...