Higher fuel, energy and food prices could linger following Iran war

28 Apr 2026

Government ministers have warned that higher prices for fuel, food, energy and flights could linger following the end of the US-Israel war with Iran.

According to the government, energy production and transportation across the Middle East have slowed due to the conflict, which has adversely impacted supply chains and caused prices to rise globally.

Darren Jones, Chief Secretary to Prime Minister Keir Starmer, told the BBC that the government is considering how to combat price rises and is stepping up its plans to offset potential shortages of food and fuel.

Government officials recently created a plan to handle a 'worst-case scenario' of food shortages by the summer, dependent on whether the war continues.

Mr Jones commented: 'Our best guess is eight plus months from the point of resolution that you'll see economic impacts coming through the system.

'So people will see higher energy prices, food prices and flight ticket prices as a consequence.'