Is the Iran war about to upend life in Britain?

The Story

2026-04-17

32 分钟
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The economic ripples caused by the Iran war are beginning to have an impact across the globe, from fuel rationing across South-East Asia, to fuel protests in Ireland. The IMF’s recent report on the global economy makes for grim reading – and the UK comes out as one of the worst affected of the G7. So could food and fuel shortages be coming to the UK? And how will the government try to mitigate the worst effects? This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestory Guests: Rob Doran, director of Black Dog Crisis Management.Jack Barnett, economics correspondent, The Times. Host: Manveen Rana. Producers: Harry Stott, Micaela Arneson. We want to hear from you - email: thestory@thetimes.com Read more:  Britain preparing for food shortages as Iran war bites UK economy faces hardest hit from Iran war of G7, says IMFFurther listening: Trump's ceasefire with Iran - what’s in it and what next Clips: BBC, ABC NEWS (Australia), RTE, Sky News. Photo: Getty Images. This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here. Hosted on Acast. See acast.com/privacy for more information.
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  • From The Times and The Sunday Times, this is The Story.

  • I'm Manveen Rana.

  • Six weeks ago, as America and Israel launched the war against Iran, the Strait of Hormuz slammed shut.

  • The world's most critical energy choke point.

  • 20% of global oil and liquefied natural gas supplies would normally pass through every day.

  • But now, it's been reduced to a tiny trickle of tankers.

  • We have seen Iran hijack an international shipping route to hold the global economy hostage.

  • Is not just hitting mortgage rates and petrol prices and the cost of living.

  • It is hitting our global economic security.

  • Despite the panicked headlines, up until now, we haven't really felt the shortage.

  • Because those tankers that are blocked in the Gulf normally take weeks to get to their destination.

  • We're now running out of the tankers that set off before the war began.

  • So there's now going to be a real gap in supply.

  • And the real crisis for Britain and for Europe will come at the end of April and in early May.

  • And it's not just oil and gas supplies that could be hit.

  • The UK facing a summer of shortages on the shelves,

  • including chicken, pork and other supermarket goods, if the war in Iran continues.

  • In Asia, they're already feeling the effects of the blockade.

  • Every Wednesday is now a holiday in Sri Lanka if you're a public worker.

  • Schools, unis, museums, you name it.