This Is How Much the Iran War Is Adding to Every American’s Fuel Bill
BeInCrypto
The Iran war has cost the average American household $287 in additional fuel expenses since February 28.Summary
Data from Brown University’s Watson School indicates that the Iran conflict has significantly impacted US fuel costs, resulting in a collective $37.6 billion increase for American consumers. The closure of the Strait of Hormuz, which handles nearly 20% of global energy shipments, has driven gas prices up by 51.6% to an average of $4.52 per gallon. Beyond household fuel bills, the conflict has contributed to rising inflation in the food and beverage sectors and increased operational costs for US airlines.
(Source：BeInCrypto)