UK rural areas face diesel shortages amid Iran conflict

The OECD warns that the UK faces risks from increased fertilizer costs and potential diesel shortages in rural areas if the Iran conflict persists. The organization forecasts modest economic growth for the UK this year and next, with inflation expected to peak in 2026 but remain above target. The government has taken measures to support rural energy needs, while concerns grow over supply chain disruptions and higher food prices caused by the conflict. The Bank of England is expected to keep interest rates steady despite inflation pressures.

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