The fires of war in Iran have not been extinguished, and the "safety cushion" of oil prices has already been burned through: the United States economy is now facing a diesel storm.
Wisdom Finance APP has learned that the turmoil in the energy market caused by the Iran war is exposing the US economy to unprecedented vulnerability. The US economy has always been resilient, but the "safety cushion" that once buffered against soaring oil prices is now thinning. Ultimately, even if the actual conflict this summer is more contained than in the early stages, this war will still erode the living standards of the American people.
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