Conflict in Iran has sent oil prices up, prompting some experts to worry that a worst-case scenario called stagflation could be possible for the U.S. economy.

The US might not fall into recession yet, but the consequences of higher-for-longer oil prices are almost impossible to control.

Conflict in Iran has sent oil prices up, prompting some experts to worry that a worst-case scenario called stagflation could be possible for the U.S. economy.