Will the ceasefire have any impact on UK fuel and food prices?
Author: Jemma CrewPublished on: April 8, 2026Country: United Kingdom
Business & Economy

A two-week ceasefire has led to an immediate but temporary drop in crude oil prices, while global stock markets reacted positively. However, experts estimate it will take months for oil and natural gas production to return to normal, which could keep pump prices high. Airlines have already raised their fares due to fuel costs, which are currently double pre-war levels.
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