The Wall Street Journal - Anticipation of U.S. sanctions on Iran drove oil prices to multiyear highslast month, but the crude being pumped to replace Irans supply and easing demand growth from a slowing global economy could push them lower again.
Lower oil prices may be good for U.S. consumers and businesses at a time when inflation is starting to tick up,boosting inflation-adjusted income for households and profit margins for energy-consuming businesses. However, they could sting the nations energy producers who have become important drivers...