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Global Business News

The Economic Times

Global Business / The Economic Times

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How war in the Persian Gulf could spill into the US economy

Attacks on Iran are disrupting oil supplies and raising prices. This is impacting consumers, especially those with lower incomes. Businesses face higher costs. Trade routes are becoming riskier. The US economy faces potential strain from increased defense spending and existing debt. This situation could lead to significant economic challenges.

5 Mar 2026 9:24 pm