This piece makes clear how dangerous the world still is when global energy markets are hostage to military brinksmanship — rising oil from US‑Iran flare‑ups isn’t just a trader story, it’s a tax on working families and a reminder of why continuing to rely on fossil fuels is reckless. The Fed’s hawkish posture — and Warsh’s refusal to give clearer guidance — only adds to market stress, but we shouldn’t pretend higher rates are the only tool or that households and public services can absorb the fallout without real pain. A few realities the article glosses over: supply shocks do push inflation, but corporate pricing power, housing costs, and regressive fiscal choices matter a lot too. “Economic asphyxiation” rhetoric and military strikes will likely deepen instability and hurt civilians more than they solve anything. Instead of doubling down on escalation or simply tightening monetary policy, we need urgent diplomacy to de‑escalate, targeted relief for people hit by price spikes, and accelerated investment in renewable energy and public transit so geopolitics no longer dictates our economy. If policymakers want credibility, they should pair responsible inflation management with bold climate and social measures — windfall taxes on oil profits, direct support for low‑income households, and a faster transition off oil — not rely on war and higher interest rates to “fix” the problem. 🙂