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Fortune·2 min read·medium

Oil prices march upward again as the U.S-Iran conflict intensifies—and it’s yet another headache for Warsh and the Fed - Fortune

E
Eleanor Pringle
Oil prices march upward again as the U.S-Iran conflict intensifies—and it’s yet another headache for Warsh and the Fed - Fortune
AI Summary

Oil prices have risen to $78 a barrel following the escalation of the U.S.-Iran conflict. This surge creates new economic challenges for the Federal Reserve and policymakers like Kevin Warsh.

Wall Street is looking nervously at the Middle East this week, after the conflict between the U.S. and Iran escalated over the weekend. At the time of writing, Brent crude is back up to $78 a barrel,…

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