Strait of Hormuz risks and oil supply

Rising oil prices and market turmoil as a result of the war in the Middle East are fuelling fears the cost of living crisis could get even tougher. Energy bills, mortgage rates and petrol prices could all surge in the fallout from the conflict. So how much could the war tighten the screws on our personal finances? Lucy Hough speaks to the deputy editor of the Guardian’s money section, Rupert Jones – watch on YouTube How will war in the Middle East affect your finances?. Help support our independent journalism at theguardian.com/infocus