Construction costs could continue to increase even if Middle East conflict ends

Neil Gerrard Senior Editor, Construction Briefing

24 June 2026

Construction costs could continue to increase, even if an agreement to end conflict in the Middle East holds.

That’s the warning from project and cost management firm Currie & Brown, which has published new research into the impact of oil price volatility on construction markets.

It found that steel prices in the UK could increase by up to 9.1% by September under a higher oil price scenario. Copper…

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