London’s Economy Today editorial – March 2026 March 26th, 2026 by Daryl Rozario, Gordon Douglass and Sixia Zhang Conflict in the Middle East triggers global commodities shock amid fears for the cost of living The US and Israel began attacks on Iran on 28 February. Iran has responded by attacking several countries around the Persian Gulf and elsewhere and declaring the Strait of Hormuz closed to most shipping. The Strait usually has around…