Soaring Costs in the Wake of US-Iran War: What's Next for Consumers?

Soaring Costs in the Wake of US-Iran War: What's Next for Consumers?

As the conflict between the United States and Iran continues to escalate, experts warn that the impact on consumer prices is only just beginning. Beyond the rising costs of gasoline and air travel, the ripple effects of the war are expected to drive up prices across a wide range of industries and products.

Christopher Tang, a professor at the UCLA Anderson School of Management who specializes in global supply chain management, paints a bleak picture for American consumers.