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Yo_Mama_Been_Loggin

(135,084 posts)
Thu Mar 12, 2026, 03:46 PM Thursday

Gas is just the start: What else the Iran war could soon cost you

Ever since the US and Israel struck Iran, the jump in oil and gas prices has become a major focus for markets and consumers alike. But that’s only the top of a long list of goods that stand to get more expensive.

With oil prices shooting up, the cost to transport physical goods around the world has already increased and is poised to continue going up the longer the war continues.

And because many businesses are already absorbing most of the cost of tariffs enacted by the administration over the last year, they have little wiggle room for them to assume higher transportation costs, said Brian Bethune, an economics professor at Boston College.

“If we see the persistence of these higher (oil) prices for a period of time, then you’re going to see a persistent cost shock,” he said.

https://finance.yahoo.com/news/gas-just-start-else-iran-110033844.html

13 replies = new reply since forum marked as read
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markodochartaigh

(5,448 posts)
1. Where we see costs, our oiligarchs see a chance to profit.
Thu Mar 12, 2026, 03:52 PM
Thursday

Back in the 70's we used to have pistachios as an occasional treat. Their shells were tinted red to hide insect damage. After the shah was deposed pistachio imports stopped. When I was was going to San Jose State a couple of years later I used to read the local newspapers. There were lots of ads selling Central Valley land for pistachio orchards and touting the tax benefits.

kimbutgar

(27,183 posts)
2. Food and retail store items are going to increase because the businesses will pass on the cost of transporting goods to
Thu Mar 12, 2026, 03:57 PM
Thursday

Consumers. Workers who have long commutes are going to suffer. Airlines will pass the cost of fuel onto ticket prices. The $hit is going to hit the fan in the next few months. And the orange piggy turd can’t blame Biden for this illegal and immoral war he started as a distraction to his involvement/partnership in the Epstein scandal.

durablend

(9,205 posts)
6. Sure he can
Thu Mar 12, 2026, 05:04 PM
Thursday
And the orange piggy turd can’t blame Biden for this illegal and immoral war he started


Wanna bet?

Submariner

(13,347 posts)
3. A close call with Pistachio nuts
Thu Mar 12, 2026, 04:02 PM
Thursday

At one time Iran is where I believe the world got its pistachio nuts, before California jumped into the growing biz. It was mostly prevalent back in the red dye pistachio days I think.

I just remembered Stephen Colbert did an ad for pistachios.

PJMcK

(25,025 posts)
4. Fuel in Panama
Thu Mar 12, 2026, 04:19 PM
Thursday

Filling stations here generally carry three fuels: regular unleaded (91 octane), hi-test (95) and Diesel.

Since Trump started his war, they have all increased about $0.10/liter which is around $0.30-$0.35/gallon.

Thanks, Trump.

Initech

(108,548 posts)
5. We must put these clowns in prison for life. Enough is enough!
Thu Mar 12, 2026, 04:28 PM
Thursday

This worthless fucking asshole and his goons have failed us on every single level. They all need to be fired.

Swede

(39,213 posts)
10. Trump and his bros didn't think that far into the future.
Thu Mar 12, 2026, 07:39 PM
Thursday

They wanted their "shock and awe" day. And then

Hugin

(37,810 posts)
12. Trump thought that he was going to get a repeat of...
Thu Mar 12, 2026, 07:51 PM
Thursday

The reaction after he blew holes in the desert a year ago. Wrong and pathetic.

dameatball

(7,668 posts)
11. And just like that..............media started talking about gas prices and forgot all about the tariffs.
Thu Mar 12, 2026, 07:45 PM
Thursday

Bet your bippy BOTH still exist. Double whammy.

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