Economic Shocks Will Permeate Long After Iran Strikes Stop, Analysts Predict

Some analysts say the economic effects of Operation Epic Fury in Iran could persist for years, even after the strikes end. Oil prices have climbed since Operation Epic Fury began, with WTI crude futures closing at $98.32 on Friday, up more than $30 from $67.02 on Feb. 27 — the day before the conflict with Iran began — according to Investing.com. “Productive capacity will be offline for an uncomfortably long time, meaning energy prices are likely to fall much slower than they rose,” Kyle Rodda, a senior analyst for the online trading platform Capital.com, told Axios, referring to an Israeli...