"Oil prices rose again when the US and Iran resumed attacks in the Strait of Hormuz in July.
"Inflation has fallen faster than we'd expected, but the conflict in the Middle East continues to mean high and volatile energy prices," said the Bank's governor, Andrew Bailey."
Framing: assertive ·
First seen: 2026-07-31 ·
Last seen: 2026-07-31 ·
Spread: 1 articles