It's not just Hormuz. Another war is providing fresh price shocks to fuel and food.

The Middle East conflict overshadows outages in Russia and a 'massive impact' on diesel supplies

Iranians Are Running Out of Gas as Economic Squeeze Takes Hold

Cuts to subsidies and quotas are fueling anger and spurring walkouts by truck and taxi drivers.

Oil Futures Jump as Middle East Escalation Raises Supply Worries