The Zhitong Finance App learned that the turmoil in the energy market caused by the Iran war is exposing the US economy to unprecedented fragility. The US economy has always been resilient, but the “safety cushion” that could cushion the sharp rise in oil prices in the past is becoming increasingly thin. At the end of the day, even if the actual fighting this summer is more subdued than at the beginning of the conflict, this war will still erode the standard of living of the American people.

The Zhitong Finance App learned that the turmoil in the energy market caused by the Iran war is exposing the US economy to unprecedented fragility. The US economy has always been resilient, but the “safety cushion” that could cushion the sharp rise in oil prices in the past is becoming increasingly thin. At the end of the day, even if the actual fighting this summer is more subdued than at the beginning of the conflict, this war will still erode the standard of living of the American people.