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The intersection of surging energy costs and massive unbudgeted military spending is creating a perfect storm for inflation. Economists warn of a looming “stagflation” scenario, where economic growth stagnates while consumer prices continue to climb. For families already grappling with stagnant wages, the war in the Persian Gulf is no longer a distant geopolitical headline; it is a tangible presence in every monthly statement, affecting everything from the cost of heating a home to the price of groceries transported by diesel-reliant logistics networks.
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