Iran conflict keeps US prices elevated as energy costs ripple through the economy

1 min read
Source: The Washington Post
Iran conflict keeps US prices elevated as energy costs ripple through the economy
Photo: The Washington Post
TL;DR

American consumers are feeling higher prices beyond gas as the U.S.–Iran conflict drives up energy costs that ripple through shipping, transportation, agriculture and airlines; even with a temporary pause in attacks, relief for gas, jet fuel and other goods could take months after Hormuz opens.

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