Faisal Islam talks to some of the world’s most powerful people about the conflict and the economy.
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While there is still much uncertainty from the Gulf, the clouds are less dark now, allowing some to focus on other concerns. Reeves could even be hopeful after growth figures showed the UK on course for 0.5% to 0.6% growth in the first quarter. As news emerged yesterday of the reopening of the Strait, energy prices tumbled. So too did borrowing costs, petrol prices, and mortgage rates.
