What is the pricing power of US firms?

As a result of the war in the Persian Gulf, energy prices are skyrocketing. For some spending, the impact on consumers is immediate. Filling the tank with gas in the US costs 20% more than it did two weeks ago. What will be the impact on the overall price level? The key point is the ability of companies to pass on the increased costs, or even take advantage of the situation to expand their margins. This is what happened in 2022. At the time, demand for almost all goods and services boomed, giving companies a lot of pricing power. The current situation is different. Households are under greater pressure. The supply shock could well weigh on companies' margins first, and then on employment.