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OBR warns inflation could exceed three if Iran crisis continues

City A.M. | London's Business Newspaper - News, Opinion, & Anal… March 10, 2026
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Inflation is set to jump back up above three per cent if the rise in oil prices is sustained, a government watchdog has warned, amid fears the energy crisis in the Middle East could drag on. The Office for Budget Responsibility (OBR)’s David Miles said the current rise in oil and gas prices would add [...]

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