Britain is mercifully free of mass casualties caused by US-Israeli bombings, but the financial tremors of their attacks on Iran since 28 February are showing up here too, creating a tense atmosphere for advisers and clients.
Benjamin House managing director Jude Dawute said: "Clients are naturally concerned, particularly about the potential knock-on effects such as oil prices, inflation and interest rates rather than the conflict itself. Many remember how geopolitical shocks in the past have triggered short-term volatility in markets." Oil, inflation, interest rates Fears about supply disruption have led to wild swings in the oil price, pushing the cost to fill up a car 6.12p per litre higher for petrol and a huge 12.74p for diesel, according to RAC Fuel Watch. Heating oil, as monitored by Boiler Juice, ha...
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