Higher energy costs from Iran war could threaten fragile economics of AI boom

Business

Industry with business model not yet firmly established and investments financed by huge debts is particularly at risk Industry with business model not yet firmly established and investments financed by huge debts is particularly at risk D onald Trump’s most immediate concern in demanding Iran reopen the strait of Hormuz may be rocketing US gasoline prices, but if the conflict drags on, higher energy costs will be felt far beyond the pumps. Systemically higher power prices and fractured supply