Article 74JQJ Americans struggle as Iran war puts strain on everyday costs: ‘I’m worried we won’t make it through’

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

by
Maya Yang
from World news | The Guardian on (#74JQJ)

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.

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