The Resolution Foundation has warned that UK households will be nearly £480 poorer this year due to rising energy prices stemming from the ongoing conflict in the Middle East, particularly the war involving Iran. Before the conflict, typical working-age households were expected to see a 0.9% income growth, but this has now dropped to a projected 0.6% decline. The report highlights that oil prices have surged, with Brent crude exceeding $100 per barrel. While some lower-income households are receiving a slight increase in benefits, the average income growth for the poorest fifth is now expected to be just 1.2%, down from a previously forecasted 2.8%. The thinktank's principal economist, Jonathan Marshall, noted that rising energy bills will negate any savings from the regulator's recent energy price cap reduction. Analysts predict that crude oil prices will remain elevated, with forecasts suggesting levels above $100 in the near term. The foundation urges the UK government to expedite the development of a social tariff to support struggling households as winter approaches.