This is Money Podcast What does the Middle East conflict mean for your money?
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Mar 6, 2026 Discussion of how the Middle East conflict is pushing up oil, gas and petrol prices and what that means for household bills. How rising energy costs change the outlook for interest rate cuts and mortgage pricing. Travel disruption, insurance limitations and rights around rerouted flights and refunds. A surge in cash Isa deals and warnings about upcoming ISA transfer rule changes.
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UK Consumers Are Better Prepared For Energy Shocks
- UK households are more prepared for energy/price shocks than during the Russia-Ukraine crisis due to recent experience with inflation and bills.
- Lee Boyce notes gas and oil price spikes now quickly translate to higher inflation and reduce the chance of imminent Bank of England rate cuts.
Lock In Fixes If You're Midway Through A Mortgage Or Energy Deal
- Fix energy or mortgage costs if you're exposed and in the process of moving or remortgaging to avoid being hit by rapid rate rises.
- Lee Boyce warns fixed energy deals may be pulled and have exit fees, so check terms before switching.
Helen's Long Reroute From Brisbane After Flight Groundings
- Helen Crane was travelling from Brisbane and had to reroute after Middle East disruptions grounded transfer flights via Doha.
- She flew the long way via San Francisco and arrived in South London after multiple rebookings and minimal sleep.