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

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

Escalating tensions between the U.S. and Iran have knock-on effects for inflation expectations and the trajectory of the base rate, notes Goldman Sachs.

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,… [+3343 chars]

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