Americans struggle as Iran war puts strain on everyday costs: ‘I’m worried we won’t make it through’

The Guardian World ·

Americans struggle as Iran war puts strain on everyday costs: ‘I’m worried we won’t make it through’

Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed The US-Israel war against Iran has sent shockwaves through global markets, leaving many …

Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs. Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran’s decision to close the Strait of Hormuz , a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply , with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed.

Original source: The Guardian World

Mentioned

Hormuz · Americans · Israel