reeves warns against risks to economic stability after surprise march growth 166666

The UK's surprise GDP growth is likely temporary due to the US-Israeli conflict with Iran, which is expected to raise energy prices and increase political uncertainty. The commercial mechanism is weak: the article does not specify which energy prices (Brent, gasoline) or quantify the impact on UK consumers or businesses. The main channel is potential input cost increase from higher oil prices, squeezing margins for energy-intensive sectors and reducing consumer discretionary spending. However, no concrete company, product, or supply chain disruption is detailed. The impact is UK-specific but tied to global energy markets.