Iran did not target Britain; so why is the UK economy in so much trouble?

When US and Israeli forces attacked Iran earlier this year, the Strait of Hormuz – through which about 20% of the world’s oil and gas passes each day – was effectively closed. The impact was immediate and global. But the UK felt it more than almost any advanced economy in the world, and we predict that we will take one of the biggest hits. Why? We will not only talk about Iran, because we have been here before. When Russia invaded Ukraine in 2022, Britain was also hit hard, with the government spending at least £35 billion to help households with their energy bills. The same structural problems that made us vulnerable then make us vulnerable now. In this episode of FourSight, we look at why energy is the main reason why the UK economy is being held hostage to wars fought thousands of miles away. We look at Britain’s unique dependence on gas – for heating, electricity prices and imports – and why our lack of storage, our aging infrastructure and years of political instability have left us more exposed than our European neighbours. —— Presenter: Kiran Moodley Producer: Harriet Tatham Editor: Matthew Lucas Motion Graphics: Ian Watkins Series Producer: Kieron Bryan Thank You: Dr David Aikman, Director, National Institute of Economic and Social Research Dr Ewan Gibbs, Energy Policy Historian, University of Glasgow Dr Carole Nakhle, Commercial Energy Analyst and CEO Middle East Quilliam Energy Quilliam House. Professor Karen Turner, Director, Center for Energy Policy, University of Strathclyde ——- Get more news on our website – https://www.channel4.com/news/

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What Are The Main Benefits Of Comparing Car Insurance Quotes Online

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