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Flights, fertilizer, mortgage rates: how the Iran war is raising more than just US gas prices The GuardianFuel vs food: These Americans are cutting back to afford higher gas prices CNNFrom panic buying in Chile to $8 gas in California, photos show how people around the world are grappling with a growing energy crisis Business InsiderAs Iran war causes gas and airfares to spike, lawmakers warn of price gouging — but experts point to supply shocks CNBC
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The region's stores of natural gas are running at the lowest level in years, and filling them up is increasingly daunting as the U.S.-led war in Iran pushes up prices.
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Higher energy prices and uncertainty over the war in the Middle East will boost inflation and weigh on economic growth, a new forecast says.
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Investors continued to parse conflicting signals on whether the war in the Middle East was nearing de-escalation.
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