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Fmr. Energy Sec. Moniz: Brace for 'Very Long' War Impact

InflationGeopolitics & WarEnergy Markets & PricesMonetary PolicyTrade Policy & Supply Chain

Former US Energy Secretary Ernest Moniz warned that a sustained conflict in Iran would likely increase inflation and have a 'very long impact.' He highlighted risks to energy prices and supply chains, suggesting potential pressure on monetary policy and the need for the US to prepare for prolonged economic effects.

Analysis

Former US Energy Secretary Ernest Moniz warned that a sustained conflict in Iran would likely increase inflation and have a 'very long impact.' He highlighted risks to energy prices and supply chains, suggesting potential pressure on monetary policy and the need for the US to prepare for prolonged economic effects.

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