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US economy withstands shocks from conflict with Iran
While the war initially caused major
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While the war initially caused major disruptions in global energy markets and a sharp spike in oil prices, recent diplomatic steps between Washington and Tehran have helped ease fears of a prolonged supply crisis. Even before a preliminary peace agreement was signed, it became clear that the US economy was coping with the conflict better than many experts had predicted. Although the confrontation renewed inflationary pressures and raised broad concerns about a potential slowdown in growth, most key economic indicators published
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