Rising oil prices tied to the Iran conflict are spreading through the broader economy, driving up costs for gasoline, air travel, groceries and construction materials, according to economist Justin Wolfers.

Rising oil prices tied to the Iran conflict are spreading through the broader economy, driving up costs for gasoline, air travel, groceries and construction materials, according…

The Iran war has pushed Brent crude to $83/barrel, sending Europe toward stagflation as eurozone PMI contracts and crypto markets feel the ripple effects.