Middle East conflict threatens to exacerbate inflationary pressure on some things

By MATT OTT, AP Business Writer
Israel’s attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.
Oil and gold surged and the dollar rose as markets retreated, signaling a flight to investments perceived as more safe.
After years of sky-high inflation in the aftermath of the COVID-19 pandemic, Americans have become increasingly leery about the economy