A new report claimed that the continued impact of the Iran war will put the U.S. economy through demand destruction, a process in which prices rise so sharply that households and businesses are forced to change how they spend, work, travel, and invest.
The report, published by CNN, warned that the conflict could "rattle or break" the U.S. economy if the blockage of the Strait of Hormuz continues to disrupt global oil and cargo shipments.
