U.S. gasoline pump prices crossed $4/gallon on Monday as renewed U.S.–Iran hostilities disrupt oil flows through the Strait of Hormuz. The renewed supply risk is a direct upside catalyst for energy prices and related inflation expectations, with likely knock-on effects across energy equities and consumer cost pressures.
U.S. gasoline pump prices crossed $4/gallon on Monday as renewed U.S.–Iran hostilities disrupt oil flows through the Strait of Hormuz. The renewed supply risk is a direct upside catalyst for energy prices and related inflation expectations, with likely knock-on effects across energy equities and consumer cost pressures.
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mildly negative
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