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Episode details

Radio 4,19 Mar 2026,59 mins

US demands thanks despite war raising energy prices

PM

Available for 27 days

Defence Secretary Pete Hegseth says allies should be grateful that the US and Israel is taking on Iran despite the strikes sending the cost of gas to a three-year high. Bob McNally, a former advisor to President Bush on energy, tells PM he believes markets have failed to appreciate how dangerous the energy crisis could be. At home, the Bank of England says the war could cause interest rates to rise - scuppering government hopes of cutting inflation. Plus, Kirsty Allsopp takes a tour of Parliament to see how it could be refurbished.

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