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Iran war threatens to crush UK economy: Treasury officials warn growth could slow to just 0.3%

Treasury officials predict growth will slow to just 0.3% in 2027 if the Strait of Hormuz remains effectively closed for the rest of this year due to the ongoing conflict.

Iran war threatens to crush UK economy: Treasury officials warn growth could slow to just 0.3%

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Fearnleys Week 33 2026

There’s no lack of VLCC activity judging from a long list of ships reported fixed or onsubs. Details of which are few and far in between, these days Source: Fearnleys A.S

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