The Independent has reported that since the start of the Iran war by Donald Trump, President of the United States, American citizens have collectively paid an additional $59 billion due to rising fuel prices; a figure that, according to the outlet, has placed significant financial pressure on families.<\/p>\n
According to the report, Mark Zandi, chief economist at Moody’s Analytics, told CNBC’s ‘Squawk Box’ program that this price increase has resulted in an average additional cost of about $450 per American household. These costs primarily include gasoline prices, followed by diesel, jet fuel, and finally increased airfare prices.<\/p>\n
The Independent added that the economic consequences of this war are not limited to higher fuel prices. According to the economist, if the war does not end soon, consumers will inevitably have to be more cautious with their spending, a development that could negatively impact the already weakened US economy.<\/p>\n
This report comes as military developments have always been a significant factor influencing global energy markets, with fluctuations in oil and fuel prices typically directly affecting consumers in various countries.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Iran war has cost Americans $59 billion in extra fuel expenses, pressuring families with rising gasoline, diesel, jet fuel, and airfare costs.<\/p>\n","protected":false},"author":2,"featured_media":14010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,6],"tags":[],"class_list":["post-14011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important-news","category-international"],"_links":{"self":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/14011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/comments?post=14011"}],"version-history":[{"count":0,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/14011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media\/14010"}],"wp:attachment":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media?parent=14011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/categories?post=14011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/tags?post=14011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}