Decision details

POTENTIAL IMPACT OF IRAN CONFLICT

Decision Maker: Policy and Resources Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decisions:

The Committee gave consideration to a report presenting an initial assessment of potential financial and operational risks that could impact the Council as a result of the ongoing conflict in Iran and the broader Arabian Gulf region.

 

Decision

 

The Policy and Resources Committee –

 

1.    noted the contents of the submitted report; and

 

2.    agree that Financial Services would monitor the position on an ongoing basis, providing further updates during 2026-27 through the routine financial monitoring reporting.

 

(Reference: Report by Section 95 Officer dated 15 April 2026, submitted)

Publication date: 22/05/2026

Date of decision: 21/05/2026

Decided at meeting: 21/05/2026 - Policy and Resources Committee

Accompanying Documents: