A potential war with Iran may have significant economic consequences. The Congressional Budget Office, or CBO, has made a prediction about the impact of such a conflict.

According to the CBO, a war with Iran is likely to drive up inflation next year. This forecast suggests that the economic effects of the conflict could be substantial.

Further details about the CBO's prediction are available from thehill.com, which reported on the office's statement regarding the potential war's impact on inflation.