macro-economy UK Inflation to Soar as War in Iran Exacerbates Price Pressures The ongoing conflict in Iran is expected to propel UK inflation further beyond the Bank of England's 2% target, citing rising global commodity prices and supply chain disruptions. Salala Times Staff 6/17/2026
markets Oil Prices Drop as US-Iran Deal Announced, Strait of Hormuz to Reopen Oil prices fell and shares rose after the US and Iran announced a deal, including the reopening of the Strait of Hormuz. Salala Times Staff 6/15/2026
