Business experts warn Trump's war with Iran will soon lead to economic chaos in the US

Economists warned the U.S. economy will struggle in the coming months as the Iran war drives up oil prices through Strait of Hormuz blockade disruptions.

Rising fuel costs threaten both consumers and businesses with thin profit margins.

Stew Leonard, owner of a $500 million-plus grocery chain, reported suppliers demanding fuel surcharges while resisting consumer price increases.

KPMG chief economist Diane Swonk noted that cost increases will either be passed to consumers or squeeze profit margins and employment.