Middle East Conflict Sparks Economic and Energy Concerns

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Source: CNN
Middle East Conflict Sparks Economic and Energy Concerns
Photo: CNN
TL;DR Summary

The potential escalation of the Israel-Iran conflict poses a significant risk to the US economy, primarily through possible disruptions in oil supply and rising energy prices, which could exacerbate inflation and slow economic growth, despite assurances from Federal Reserve officials that the US is less dependent on foreign oil than in the past.

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