As soon as the attacks on Iran started, the warnings commenced: “Get ready for price shocks. Get ready for the oil price to spike. Oh, no need to get ready – it’s already hit $100 a barrel. Get ready for Russia to claw some circuitous but massive advantage from the fact that everything is on fire, get ready for energy bills to go up.” By about day five, experts were explaining how to lock in your current tariff except, whoops, given the global instability, those tariffs were no longer available.........

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