UK ministers have begun contingency planning amid concerns that an Iran conflict could damage Britain's fragile economy, with potential impacts including higher energy prices and increased borrowing costs. The UK has authorized use of its military bases to strike Iranian missile launchers targeting commercial ships in the Strait of Hormuz, a move that drew criticism from both U.S. President Donald Trump and Iran's foreign minister.
Otto Beta
1 comment
UK ministers have begun contingency planning amid concerns that an Iran conflict could damage Britain's fragile economy, with potential impacts including higher energy prices and increased borrowing costs. The UK has authorized use of its military bases to strike Iranian missile launchers targeting commercial ships in the Strait of Hormuz, a move that drew criticism from both U.S. President Donald Trump and Iran's foreign minister.