Vienna, April 22, 2026. The cost of the war is being felt at the gas station. The United Kingdom is experiencing a significant rise in inflation, officially attributed to the armed conflict with Iran for the first time. Figures released today by the UK\u2019s Office for National Statistics (ONS) show that fuel prices are the main cost driver. What is setting off alarm bells in London is also being closely monitored in Vienna and other European capitals.<\/p>\n
The British inflation rate rose noticeably in March. The main reason for this was exploding gasoline and diesel prices. Since the beginning of the military conflict with Iran, global oil markets have changed drastically. The Strait of Hormuz, through which about a fifth of global oil trade flows, has de facto become a high-risk zone. Tankers are avoiding the route, insurance premiums are skyrocketing, and supply chains are faltering.<\/p>\n
For British households, this means more money for mobility and less for everything else. The Bank of England faces a dilemma. Raising interest rates to combat inflation would further burden the already struggling economy. Doing nothing would let prices run rampant.<\/p>\n
What affects Great Britain has consequences for continental Europe. Although Austria does not import any oil directly from Iran, global markets do not have island solutions. When Brent crude oil becomes more expensive, prices at Austrian gas stations also rise. The petroleum industry has already announced adjustments.<\/p>\n
In addition, there is the psychological component. Companies are calculating more cautiously, putting investments on hold, and hedging against further price increases. Inflation thus becomes a self-fulfilling prophecy. Economist Gabriel Felbermayr warned weeks ago that a prolonged conflict could set back the European economic recovery by months.<\/p>\n
The winners of this crisis are quickly identified: oil companies, which are widening their margins. Arms manufacturers, whose order books are overflowing. Speculators, who are betting on further rising commodity prices.<\/p>\n
The losers are just as clear: commuters, the transportation industry, energy-intensive industries, and ultimately consumers, who end up footing the bill at the supermarket checkout. In Austria, rural areas are particularly hard hit, where there is often no alternative to the car and public transportation is scarce.<\/p>\n
The British figures are a wake-up call. They show how quickly geopolitical conflicts spill over into the daily lives of citizens. And they raise the question of how long European governments can continue to address price pressure with one-off payments and fuel discounts before structural measures become unavoidable.<\/p>\n
The war in Iran exposes the vulnerability of Western economies. Decades of cheap energy have made Europe dependent on regions that are anything but stable. The British inflation figures are more than just statistics. They reflect our strategic short-sightedness. While prices rise at the gas station, corporate headquarters are celebrating the latest quarterly earnings. YANUS continues to track the economic impact of the conflict.<\/p>","protected":false},"excerpt":{"rendered":"
The war against Iran is having an impact at the gas pump. The United Kingdom has released its first official figures, and they should be cause for concern in Vienna as well.<\/p>","protected":false},"author":3,"featured_media":1178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\nMehr lesen: {url}\n\n{tags}\n#YANUS","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[48,19],"tags":[],"class_list":["post-1179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oesterreich","category-politik"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/yanus.at\/wp-content\/uploads\/2026\/04\/iran-krieg-treibt-britische-inflation-europa-sp-.jpg","_links":{"self":[{"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/posts\/1179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/comments?post=1179"}],"version-history":[{"count":2,"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/posts\/1179\/revisions"}],"predecessor-version":[{"id":3203,"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/posts\/1179\/revisions\/3203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/media\/1178"}],"wp:attachment":[{"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/media?parent=1179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/categories?post=1179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yanus.at\/en\/wp-json\/wp\/v2\/tags?post=1179"}],"curies":[{"name":"WP","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}