Israel-Hamas War Threatens Energy Prices, Adding to Inflation Risks
A motorist fills his car at a gas station.
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, economics reporter Reade Pickert outlines how the war in Israel risks pressuring inflation. Sign up here and follow us at @bpolitics. Email our editors here.
A little over a week ago, oil prices seemed to finally be in retreat. Now, the war in the Middle East threatens to keep them high — and inflation along with it.