Energy

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Food

Not just gasoline: Rising costs from Iran conflict will impact food, plastics and electronics

The Strait of Hormuz is an artery through which oil, natural gas, petrochemicals and nitrogen fertilizers flow. Just about every consumer product will be more expensive with increased costs of diesel, gasoline, fertilizers, plastics and helium, all of which require oil products. How high prices go and what the impact will be on the economy will depend on how long the conflict continues, and its eventual outcome.

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transmission

Power load growth forecast drops slightly

The 2026 Long-Term Forecast is lower than 2025 in the near term through 2032, due to updated forecasting processes, including electric vehicle and economic forecasts, and improved vetting of requested adjustments for data centers and other large power generators.