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Disruptions in the flow of oil through the Strait of Hormuz over the past four weeks will unleash a "sequential" shock to global supplies that'll run from east to west with much of the world taking a hit by April, according to strategists at J.P. Morgan.
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War Will Push U.S. Inflation Above 4 Percent This Year, O.E.C.D. Says The New York TimesGlobal forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate CNBCMiddle East Conflict to Push U.S. Inflation Sharply Higher, Says OECD WSJ
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