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Energy prices seen cooling in latest inflation data after Iran war shock

The Iran-related swings boosted oil and gas volatility, and the new inflation report points to lower energy prices than during the peak disruption.

Reported · Written up by our desk · Energy

The New York Times reports that the latest inflation data indicate energy prices are expected to fall.

The outlet attributes the earlier volatility in oil and gas to the war with Iran, saying prices moved up and down in tandem with the conflict.

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Sources

NYT BusinessEnergy Prices Expected to Fall in Latest Inflation Data
NYT EconomyEnergy Prices Expected to Fall in Latest Inflation Data

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