"There are many stresses on our economy, and this could be the straw that breaks the camel’s back — a straw that becomes heavier the longer the war goes on."

The conflict involving Iran threatens another price spike that could undermine the president's central case for lower interest rates.

JEDDAH: As the US-backed conflict between Israel and Iran entered its fourth day, economists warned the fallout could spread well beyond the region, threatening higher inflation,…