Back to All Media Iran war a reminder that a stable economy depends on security of world’s energy system The war with Iran may be continents away, but its economic impact is at our doorstep: the price at the gas pump, shrinking purchasing power, energy bills that suddenly bear little resemblance to last quarter’s numbers. Share Article By Jack Balagia, KBH Energy Center Executive Director The war with Iran may be continents away, but its economic impact is at our doorstep: the price at the gas pump, shrinking purchasing power, energy bills that suddenly bear little resemblance to last quarter’s numbers.