Business

Retail Giants Adjust to Higher Gas Prices Amid Iran Conflict

Updated 2026-05-17 15:15 UTC 1 source Neutral

Walmart and Target are altering their business strategies in response to higher gas prices, reflecting the impact of geopolitical tensions on consumer spending habits.

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MarketWatch

Walmart and Target are about to show just how much shopping habits have changed due to the Iran war

Walmart has said that customers start to cut spending when gas prices hit $4.50 to $5 a gallon.

2026-05-17 15:00 UTC