Breaking down how the Iran war could continue to impact fuel prices

What BBN said about it

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   Chip Darnell · U.S. News AnchorThis is a BBN special report on what the ongoing war with Iran could mean for what you pay at the pump.

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   Chip Darnell · U.S. News AnchorCBS News says the war has pushed up energy costs since it began, and its business analyst Jill Schlesinger and national security analyst Aaron MacLean are now laying out where that could go next.

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   Hank Ledger · Lead AnchorSo who feels it first? The drivers, I assume.

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   Chip Darnell · U.S. News AnchorDrivers, yes, and anyone whose groceries arrive on a truck.

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   Chip Darnell · U.S. News AnchorThe concern is that rising tensions in Iran could push oil prices higher, and that shows up at the gas station.

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   Hank Ledger · Lead AnchorAnd the data doesn't say by how much.

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   Chip Darnell · U.S. News AnchorIt doesn't, Hank.

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   Chip Darnell · U.S. News AnchorThe CBS analysts are walking through scenarios, but no one has put a number on it, so what we can say is that the direction of the risk is up.

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   Hank Ledger · Lead AnchorWhat should people watch for?

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    Chip Darnell · U.S. News AnchorAny new escalation in the region, and then the price on the sign at your corner station, which tends to react faster than anything else in your budget.

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    Hank Ledger · Lead AnchorPrices on the way up move like a rocket. On the way down, they move like a sloth with a bad knee.

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    Chip Darnell · U.S. News AnchorThe sloth is unionized, Hank.