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A U.S.-Iran war ‘tax’ is beginning to hit consumers as diesel and jet fuel prices rise and stress business profitability, and there is no relief in sight. Source: cnbc.com
Fans from three qualifying nations are banned from entering the U.S while others face up to $15,000 bonds and pricey visa fees. Source: fortune.com
Iran’s closure of the Strait of Hormuz is disrupting economic activity across Asia and Europe. The U.S. may escape the worst effects, but it will not emerge unscathed. Source: washingtonpost.com
Sen. Chris Murphy explains how blatant corruption is undermining faith in democracy. Source: vox.com
Rising energy bills, interest rates and supply shortfalls may be warnings of worse to come. Source: bostonglobe.com
Taiwan has received supply assurances from the energy minister of a “major” liquefied natural gas-producing country, the island’s economy minister said on Saturday, speaking about the Iran war’s impact on Middle East energy imports. Source: reuters.com
America’s role as a major oil-and-gas exporter tempts President Trump to walk away from the Strait of Hormuz and wield leverage over others. Source: wsj.com
In this Saturday edition of Business Insider Today, deputy editor Paige DiFiore recounts how she won her war with the annoyance economy. Source: businessinsider.com
The UAE has quietly banned most Iranians from entering the country or transiting its airports, and cracked down on IRGC-related networks. Source: scmp.com
Cities, sponsors, and leagues are treating the World Cup like a giant conversion funnel — before soccer has earned big-sport status here Source: qz.com
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