Wall Street is cutting its forecasts for the US economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view.

The result is a loss of roughly 11 million barrels per day (mbd) of oil and petroleum liquids to the global market. This represents just over 10% of global supply. At first glance, a 10% disruption may not sound catastrophic.

The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic Analysis (BEA ...

The U.S. economy has shown resilience in the face of President Donald Trump’s policies, but the war with Iran has driven up oil and gas prices and clouded the economic outlook.

The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.

GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.

It comes amidst growing worries about the economic impacts of the US-Israeli war on Iran.

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit ...