Soaring gas prices and disrupted supply chains will ripple out to increase costs in every store and sector of the economy
- Written by Vidya Mani, Associate Professor of Business Administration, University of Virginia; Cornell University
Americans are already seeing higher gas prices, but that's just the beginning.AP Photo/Carolyn KasterThe disruptions from the U.S. and Israeli attacks on Iran spread quickly to commercial aircraft, shipping lanes and the world’s energy supply. Those repercussions have already hit fuel costs, including for motorists, truckers and fishermen,...