Iran War Hits US Economy With More Inflation, Record-Low Sentiment

The war in Iran has fueled the biggest jump in US inflation in nearly four years and sent consumer sentiment tumbling to a record low. Economists say that’s just the beginning.

While the US and Iran have reached a fragile two-week ceasefire in recent days, analysts say the effects of the war will continue to trickle through the economy for months to come even if a permanent deal to end the conflict is reached.