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How will the Ukraine crisis affect you?

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ritons have been told to prepare for cyber attacks, rising fuel prices and soaring food bills in the wake of Russia’s invasion of Ukraine.

Within hours of explosions rocking the county’s cities and town, the price of Brent crude oil to jump by eight per cent to $104.56 per barrel, hitting its highest point since 2014.

Markets across the globe slumped as President Vladimir Putin launched a full-scale attack on Thursday.

Here’s what could happen in coming weeks to the UK’s cost of living and our security.

Cyber attacks

Spies were warned days ago about an enhanced risk because of the Ukraine crisis.

An alert by the National Cyber Security Centre, which is part of GCHQ, advised British organisations to “bolster their online defences” by taking “actionable steps that reduce the risk of falling victim to an attack”.

It added there was an historical pattern of cyber attacks on Ukraine with international consequences.

Jamie MacColl, a cyber security expert from the Royal United Services Institute in London, said any Kremlin cyber offensive would most likely be directed at crippling Ukraine’s power network.

Fuel prices

Petrol and diesel prices are already at record highs and the conflict in Ukraine will inevitably send the cost even higher.

A litre of petrol and diesel is almost certain to push well above 150p and remain there for the foreseeable future.

Filling up a londonbusinessblog family car could cost around £90 for the first time ever. This is likely to boost sales of electric cars.

AA president Edmund King said: “Russia’s attack on will result in hikes in prices at the pumps.

“New record fuel prices are likely any time soon.”

Mr King advised drivers wanting to conserve fuel to consider car-sharing, cutting out short journeys, reducing speeds and driving more smoothly.

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