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Iran War Has Cost U.S. Consumers an Extra $265 Billion

10.14 ·Developing ·Importance III ·Sources 1

According to a Moody's Analytics report, the war in Iran has cost American consumers approximately $265 billion in additional spending since late February, an average increase of about $2,000 per household. Of that, rising energy prices accounted for about $1,100, with the average price of gasoline climbing from $2.98 per gallon before the war to $4.34.

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