War in Middle East brings uncertainty and higher energy costs to already weakening US economy

Risks for the US economy grow as the war in the Middle East continues to escalate.

By: Michael Klein, Tufts University, The Conversation

Outlets: The Conversation

Published: March 7, 2026

Words: 1,045

Last Updated: 3 days, 6 hours ago

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By Michael Klein, Tufts University

The “fog of war” refers to confusion and uncertainty on the battlefield and the attendant possibility of fatal error. This principle has a parallel when it comes to the economic consequences of wars as well, especially when they occur in a region that is a chokepoint for the production and shipment of one-fifth of the world’s oil and a third of its natural gas.

Although no one really knows …

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