Iran war energy shock costs average US household $450 more; recovery will be slow
CNBC — Economy—The US military conflict with Iran has triggered an energy price shock that is costing the average American household an extra $450 per year on gas and utilities. The disruption to global oil markets caused by strikes on Iranian infrastructure is expected to be slow to unwind, with analysts warning the recovery could take months. The economic cost is adding to political pressure on the administration over the war's domestic consequences.