Conflict in the Middle East could have ripple effects that run deep through America’s agriculture economy.

Growers face soaring fertiliser and fuel costs as shipping choke point of the strait of Hormuz hits supply chains

With airfares and gas prices spiking, some lawmakers are warning of the potential for price gouging, even as experts point to extreme supply shocks.

Conflict in the Middle East could have ripple effects that run deep through America’s agriculture economy.

“I'm a lot more concerned about the current crisis than I was when Russia-Ukraine happened four years ago,” one fund manager told CNBC.

Households whose budgets have a higher allocation toward groceries, fuel, and utilities—either because of geography or income—are more exposed to the Iranian conflict.

The price of a wide range of goods - from food, to smartphones, to medicines - could be affected by the US-Israel war with Iran.