By Paul Lewis | Published – 15 Jun 2026
The war in the Middle East has pushed up prices. Experts say the cost of oil could stay high for months, even if the current peace deal holds. When prices rose in March, the first affected were the cost of filling your car and buying heating oil.
But now the high price is feeding through to just about everything we buy as the cost of goods travelling by road, sea, or air rises. So hopes earlier this year of a fall in inflation have been by predictions that prices will rise right through 2026.
Even before the Middle East conflicts, around one in four pensioners told an Age UK survey that they were struggling…