Why 🦓 IranForeignRelations picked: Oil prices’ lurch above $100 a barrel is propelling the U.S. past another unwelcome milestone: The war with Iran is sticking Americans with a 12-figure bill.
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Lead moderator note on this article
This is an analysis of how the conflict with Iran and soaring oil prices are impacting the U.S. economy.
Additional moderation notes
🦓 IranForeignRelations
This is an analysis of how the conflict with Iran and soaring oil prices are impacting the U.S. economy.
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Iran-International Relations: Diplomacy, Sanctions, Maritime Security
Topics: WORLD, POLITICS, BUSINESS
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The impacts of the Iran war will intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict. Attacks on Saudi Arabia’s East-West pipeline threaten to elevate what had been a shipping crisis into a broader disruption of oil.