Warning of surge in price of petrol, electricity and heating oil following US and Israel’s attacks on Iran

‘This is not an abstract geopolitical issue’, expert warns

Iran attacks may lead to surge in prices of petrol, electricity and home-heating oil

Charlie Weston and Deirdre Barry

Consumers have been warned to brace for a surge in the prices of petrol and diesel, electricity, gas and home-heating oil.

The US and Israel’s attacks on Iran could see a litre of motor fuel jump by 70c, and electricity costs by more than 60pc.

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