The war in Iran may be on pause, but its effects on prices are still in motion and will continue to ripple through the economy. Source: thehill.com

Countries have since embarked on a new course to increase their energy efficiency, reduce their dependence on Middle Eastern oil, stockpile fuel against future threats, and find and develop alternative sources of energy. Source: adn.com

President Trump acknowledged that oil prices would remain elevated even heading into the midterm elections seven months from now. Fox News’ Maria Bartiromo asked Trump in an interview whether the price of oil and gasoline would be lower by the elections. “I hope so,” Trump answered during an interv Source: barrons.com

Central bankers and economists prepare to meet in Washington to assess conflict’s damage Source: ft.com

“It puts economic pressure on Tehran without destroying the oil facilities, which you should want to preserve into the future.” Source: fortune.com

President Trump and advisers are considering the impact on Wall Street and Main Street of continued fighting overseas. Source: wsj.com