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Event Brief

Iran War Impacts Bank of England's Interest Rates

The Bank of England is likely to maintain its interest rate at 3.75% due to rising oil and gas prices from the Iran war.
WHO: Iran
WHAT: Bank of England expected to keep interest rates unchanged
WHEN: Mar 19, 2026 at 4:10 AM ET
WHERE: London
WHY: Due to oil and gas price hikes following the Iran war
Sources (1): ABC News

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