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The Nexus
BUSINESSJun 16 · 18:45 UTCBATON ROUGE BUSINESS REPORTSheridan White

Inflation from Iran war likely to keep consumer prices high even after conflict eases

A tentative deal to end the Iran war may not immediately lower consumer prices, as experts predict lingering high costs due to disrupted supply chains and delayed oil price effects. Economists note that even with reduced oil prices, refineries' advance crude oil payments will delay cheaper products for consumers.

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