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War & Conflict23d 20h ago
Experts warn that rising gas, grocery, and flight prices will persist even after the Iran war ends.
Middle East, US, Europe, Asia, Africa
Who
economists and industry analysts, including Brett House, Michael Lynch, Mark Barteau, Gordon Ho, David Ortega, Andy Polk, Judah Levine, Josh Steinitz
What
Experts warn that rising gas, grocery, and flight prices will persist even after the Iran war ends.
When
Tue, 16 Jun 2026 09:14:37 GMT · 23d 20h ago
Where
Middle East, US, Europe, Asia, Africa ·
Why
Fighting over the Strait of Hormuz disrupted not only supplies of crude and refined fuel but also the supply chains for fertiliser, food and even footwear.
The Frontline Impact
How this affects you
Despite a tentative deal to end the Iran war, consumers should not expect immediate relief from higher prices for everyday goods like gasoline, groceries, and air travel due to lasting supply chain disruptions and the slow trickle-down effect of falling oil prices, with some impacts, like shipping costs, projected to remain elevated into 2027.
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