How the Iran war could start to impact U.S. retail prices

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The Liberia-flagged tanker Shenlong Suezmax, loaded with Saudi Arabian crude, arrives at a port after transiting the Strait of Hormuz amid supply disruptions linked to the U.S-Israeli conflict with Iran, in Mumbai, India, March 12, 2026.

Francis Mascarenhas | Reuters

The Iran war could soon mean higher prices on store shelves for consumers.

Iran's effective closure of the

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