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Bank of England governor warns of Middle East oil shock risk

07.10.2024

The Bank of England is monitoring the Middle East crisis amid fears that a worsening conflict between Iran and Israel will make it impossible to stabilise oil prices and leave the global economy vulnerable to a 1970s-style energy shock.

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Mark Jones

Director, Hampton House International

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Hampton House International Limited is formed and registered under the company laws of England, in the United Kingdom, number 10643664, and is registered at Lymedale Business Park, Hooters Hall Road, Newcastle-under-Lyme, Staffordshire, ST5 9QF.