How the Iran conflict is hitting the U.S. economy — energy, inflation, markets
Key points What’s happening — Iran conflict is hitting the U.S. economy Geopolitical shocks tied to Iran’s retaliation campaign and disruptions to Gulf shipping have sent oil sharply higher, squeezed global supply chains, nudged U.S. inflation expectations up, and produced a mix of winners (U.S. oil producers) and losers (drivers, airlines, energy-intensive manufacturers). Energy & … Read more