Trump's war farrago to cost each Brit an extra £480 in 2026

Op-ed: Trump's reckless and badly planned excursion into starting a war with Iran will cost each British citizen - many of whom are already broke - £480 more in 2026. Thanks President Trump. I think we can extrapolate that prediction to many other countries to varying amounts.

The extra cost of living due to the Iran war is, as predicted, due to the closure of the Strait of Hormuz, which Trump and his team appear to have failed to foresee, which has forced up energy and gas (petrol) prices.

The £480 is based on the projected difference in household income, adjusted for size and composition as a result of inflation pushing up oil prices and the projected household energy price cap rising to £1929 in July.

Note: More than 2 child families in receipt of child benefit  will see income increases! These are low income families that have been catapulted into a decent income level thanks to Starmer's generosity on welfare which the country cannot afford and which takes away from defence which needs urgent financial support in a more dangerous world.

Source: The Times 13th April 2026.

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P.S. please forgive the occasional typo. These articles are written at breakneck speed using Dragon Dictate. I have to prepare them in around 20 mins. Also, sources for news articles are carefully selected but the news is often not independently verified. And, I rely on scientific studies but they are not 100% reliable. Finally, (!) I often express an OPINION on the news. Please share yours in a comment.