What the Iran Strikes Could Mean for U.S. Inflation

Wall Street Journal: “Oil prices surged after the U.S. and Israel launched attacks against Iran, along with diesel and gasoline futures. The conflict, depending on how it progresses, could lead to higher prices at the gas pump and higher overall inflation.”

“It is too soon to know with any clarity how the conflict could affect overall U.S. prices. But here is how gasoline and inflation fit together, and some possible scenarios.”

Axios: Oil prices surge as Trump team readies to “mitigate” costs.