Soaring gas prices and disrupted supply chains will ripple out to increase costs in every store and sector of the economy

US consumers, already feeling pain at the gas pump, can expect higher prices and prolonged shortages for goods of all sorts, including food, as additional consequences of slowed oil production.

By: Vidya Mani, University of Virginia; Cornell University, The Conversation

Outlets: The Conversation

Published: March 25, 2026

Words: 1,097

Last Updated: 4 months, 1 week ago

Body Text Preview

By Vidya Mani, University of Virginia; Cornell University

The disruptions from the U.S. and Israeli attacks on Iran spread quickly to commercial aircraft, shipping lanes and the world’s energy supply. Those repercussions have already hit fuel costs, including for motorists, truckers and fishermen, and are set to spread even more widely, to packaging, household goods, appliances, medicines and electronics.

I study global supply chains and how they interconnect and depend …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us