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Iran attacks threaten US economy with more uncertainty around inflation, growth
Kamyar Enshayan reflects on the complex impact of recent U.S. strikes on Iran and warns that Iowa gas prices could rise more than 25 cents per gallon, AAA Iowa says.
- Experts warn that the Iran attacks could lead to higher oil prices, accelerating inflation and slowing economic growth in the U.S.
- AAA Iowa is closely monitoring the situation, noting events in the region could impact gas prices in addition to typical seasonal increases.
- Iranians living in Iowa hope for change within Iran itself, while also asking others to remember the everyday people living under difficult conditions.
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Iran attacks threaten US economy with more uncertainty around inflation, growth
The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures.
·United States
Read Full ArticleOil markets are bracing for $100 barrels and a redux of a 1970s-era crisis but 'three times the scale,' analyst warns
U.S. gas prices rose 40% as a result of the 1973 oil shock, and prices at the pump are threatening to increase again as a result of the U.S. and Israeli strike on Iran.
·New York, United States
Read Full ArticleCoverage Details
Total News Sources20
Leaning Left5Leaning Right2Center8Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 33%
C 54%
13%
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