Economists believe the recent Israel-Iran airstrikes will have minimal impact on the US economy, with only a slight increase in recession risks. While oil prices could be affected if Iran responds by disrupting the Strait of Hormuz, analysts see a low chance of a major spike above 120 per barrel. Overall, the vulnerability remains limited, and current reliance on foreign oil has decreased. Despite market declines, experts consider the economic impact to be relatively contained and manageable.