Pain at the pump is easing, but gas is far costlier heading into the summer than last year — and what comes next is wildly unpredictable.
Why it matters: High gas prices are the most visible economic effect of the Iran war for many Americans grappling with inflation.
China has pulled off probably the biggest surprise of the Iran war — and it's confounding commodity analysts.
Why it matters: Since the start of the conflict, China has sharply cut the amount of oil it imports — and that has kept a lid on global oil prices.
