The U.S. economy’s reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist David Seif. Original Image Link Source:www.msn.com
The US economy picked up steam in the beginning of the year as the United States and Israel launched a destabilizing war with Iran that has jacked up prices and is still ongoing. Original Image Link Source:www.msn.com
Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East. Original Image Link Source:www.nytimes.com
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