Patterson: For now, Iran has won the war

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With the Iran war appearing to de-escalate, energy-market pressure may linger. Iran could retain greater influence over the Strait of Hormuz, keeping shipping and insurance costs elevated even as oil flows resume. Charles Schwab Chief Investment Strategist Liz Ann Sonders and Council on Foreign Relations Senior Fellow Rebecca Patterson join Bloomberg Open Interest to talk about their new book “Investment Wisdom,” how higher fuel and refined-product costs may feed inflation, complicate the Fed’s