'I don't want the children to see how worried we are': UK family finances hit by Iran war
Summary
The war involving Iran has caused fuel and energy prices to rise in the UK, making it harder for families to afford everyday expenses. A family in Lancashire shared how higher diesel costs have increased their travel expenses, especially for medical visits, and they expect future energy bills to go up as well.Key Facts
- Fuel prices in the UK have increased sharply since the Iran war began on February 28.
- Diesel prices rose by 35% and petrol by 19% in nearly two months.
- Filling a family van with diesel now costs about £27 more than before.
- Increased travel costs are hitting families who need to make long trips for medical care.
- UK household energy bills are protected by a price cap but it is expected to rise by about 12% around July.
- The Strait of Hormuz, a key route for global oil transport, is mostly closed due to the conflict.
- The closure has reduced oil and gas supply, pushing up international energy prices.
- Rising fuel and energy prices are expected to lead to higher food costs, putting more pressure on household budgets.
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