Iran War Escalation Threatens UK Wallets and Security as Oil Prices Soar

Houthi rebels have seized control of Yemen's entire Red Sea coast, threatening the Bab al-Mandeb Strait through which much of Saudi Arabia's oil flows. This strategic chokepoint was the reason oil prices hadn't spiked higher despite the Iran war—until now. With another Iran-aligned militia attacking Saudi Arabia's East-West pipeline, oil has pushed above $110 a barrel. For UK households already grappling with high energy costs, this means fuel bills...