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US Economic Impact: Iran War Inflation Surge

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Cross-regional (energy/economic impact) energy price volatilityeconomic impact of conflictconsumer confidence

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US consumer sentiment at record low for April — driven by record surge in gasoline prices due to Iran war.

Sources: Reuters (Western), AP (Western), Al Jazeera (Middle East)

Record surge in gasoline prices fuels US consumer inflation in March.

Source: Reuters (Western)

EU airline industry warns of jet fuel shortages in 3 weeks if Strait of Hormuz remains closed.

Source: Al Jazeera (Middle East)

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