Source: Independent Institute
by Raymond J March
“Gas prices have increased 50% since the war began. Food prices have followed. The Consumer Price Index jumped 3.3% this April. Grocery bills jumped 0.7% in April. Such figures have not been seen since the peak of post-pandemic inflation. While it’s hard to ignore these costs, many Americans are not noticing the warning signs that higher prices and shortages for vital medications they rely on may soon be next, especially insulin. Supply chain experts at Stanford Health Care have flagged insulin syringes, generic drugs, and petroleum-based medical supplies as products at risk as oil prices rise and shipping costs climb. One logistics firm warned that consumers could see drug costs affected within four to six weeks of sustained disruption — a window that has already opened.” (06/08/26)
https://www.independent.org/article/2026/06/08/war-iran-insulin-markets/