Impact from the Iran war may not just show up in higher energy prices. It could also lead to “skimpflation” where businesses offer consumers less quality for the same money, says this writer. HUDDERSFIELD, England: The standoff in the Strait of Hormuz has already made fuel and energy noticeably more expensive. But energy prices are only part of the story. While tensions continue between Iran and the US over that vital stretch of water, another, more subtle economic effect could come into play. “