Iran Conflict Triggers Gas Price Surge and Growing Economic Unease
TL;DR Summary
Three weeks into the U.S.-Iran war, gas prices have surged to about $3.93 per gallon as oil costs rise from Hormuz disruptions; economists warn of a short-term affordability shock that could curb consumer spending, while mortgage rates climb to roughly 6.5% and stocks decline as investors reassess inflation risks and Fed policy.
- The Iran war has already hit your gas budget. Here's what it's coming for next. NBC News
- Finding ways to cope with gas price increases amid continued ‘Fury’ WAVY.com
- Gas prices likely to rise as Gulf attacks continue WCVB
- Poll: 66% of Americans disapprove of Trump on gas prices as they feel effects of Iran war Yahoo
- Gas prices in 8 states cross $4: The states that could be there soon The Hill
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