Why the price of oil matters more than you might think
Tuesday, March 10, 2026

The impact of the US and Israel's war in Iran is starting to hit home — no matter where you live.

As the conflict blocks oil, gas, and other exports from the Gulf region, and producers start to cut output, the supply shock has sent prices soaring.

This has rattled financial markets. However, it is also affecting people's day-to-day lives, with prices for petrol and diesel at the pump already rising.

Continue on BBC.