UK economy set for £35bn hit from Middle East energy crisis, think tank says
- Posted on April 28, 2026
- By Evening Standard
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- 1 min read
A prominent UK economic research institute warns that geopolitical tensions in the Middle East could inflict substantial financial damage on Britain's economy, potentially costing up to £35 billion. Energy market disruptions stemming from regional instability pose significant risks to economic growth. Should the crisis persist without resolution, policymakers face mounting pressure to prevent a full-scale recession. The analysis underscores Britain's vulnerability to global energy supply shocks and the interconnected nature of modern economies.
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