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UK Inflation Hits 3.3% in March as Iran War Drives Up Fuel Prices

UK inflation rose to 3.3% in the year to March, driven primarily by an 8.7% monthly increase in motor fuel prices following the start of the US-Israel war with Iran on February 28. Economists predict inflation could peak at 3.5% to 4% this year, exceeding the Bank of England's 2%…

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