Americans Are Feeling the War’s Economic Pain

The war’s economic impact could get worse for Americans

Iran’s closure of the Strait of Hormuz is disrupting economic activity across Asia and Europe. The U.S. may escape the worst effects, but it will not emerge unscathed.

Americans Are Feeling the War’s Economic Pain

Washington Post: “Amazon is adding a fuel surcharge to its e-commerce deliveries. Mortgage rates have risen to their highest mark in seven months. And consumers may soon see higher prices for soda bottles and detergents.” “These are all early indications of the Iran war’s impact on the U.S. economy. So far, the costs of the joint U.S.-Israeli military campaign have been modest, especially compared with the economic turmoil roiling Asia, and U.S.…