Summary
A new economic outlook from EY warns that the UK faces a recession risk if the Strait of Hormuz remains closed into 2027, potentially pushing inflation to 6.4% due to soaring oil and gas prices.
UK 'At Risk of Recession' if Strait of Hormuz Remains Closed into 2027, EY Warns
HyperFast News
Energy
3 August 2026 at 5:36 am
UK 'At Risk of Recession' if Strait of Hormuz Remains Closed into 2027, EY Warns
HyperFast News
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