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The Nexus
BUSINESSJun 16 · 06:23 UTCAP NEWS

Higher prices for gas, groceries and flights will outlast the Iran war, experts say

A tentative deal to end the Iran war may not immediately lower gas, grocery, and flight prices, as experts warn that higher costs will persist due to delayed oil price adjustments, disrupted supply chains, and pre-purchased fuel contracts. Businesses and consumers should prepare for lingering elevated expenses despite the conflict's resolution.

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