
The Iran War Is Already Hitting the Economy — Why the Worst Is Still Coming
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The war in Iran isn't just America's problem — the rest of the world is already feeling it. Thailand's news anchors are ditching jackets on air to save energy. The Philippines moved to a four-day workweek. Japan is telling people to take shorter showers. Obama economic adviser and former UBS Americas chairman Robert Wolf returns to break down the global ripple effects of the Strait of Hormuz shutdown — from fertilizer shortages threatening grocery prices to the UK energy crisis to why Treasury rates may be the most important number no one is watching. He also weighs in on whether Trump's "two weeks" timeline is realistic, the real risk of stagflation if oil hits $150 a barrel, and why Iran…