How the Iran Conflict Could Impact the Fed’s Decision Making

As tensions escalate in the Middle East, a key question is emerging for economists and investors: how will the conflict in Iran influence the Federal Reserve’s plans for interest rates this year? According to one market expert, the primary channel for this impact is the price of oil. Heightened geopolitical instability often drives oil prices […]

Diesel Reacting More Aggressively Than Gasoline to Oil Price Jump Amid Iran War Concerns

It’s not just gasoline prices spiking at the pump. The cost of diesel has jumped even more sharply since the outbreak of a major Middle East conflict sent oil prices surging. The national average for gasoline recently hit its highest level this year, rising significantly over the past week. Diesel prices, however, saw an even […]