Why (almost) everything is going up in price due to the war in Iran

Fast food, tech and cuddly toys are among the items facing a price squeeze (Picture: Getty)

It’s no surprise that we’re having to shell out more at the petrol pumps as a result of the war in Iran and the squeeze on oil supplies.

But you may have noticed it’s not just fuel that’s been climbing in price since the end of February.

The Middle East conflict has served as a painful reminder of just how interconnected the global economy and supply chains have become – and how oil plays...