Gas Prices Surge as Iran War Hits American Wallets

1 min read
Source: HuffPost
Gas Prices Surge as Iran War Hits American Wallets
Photo: HuffPost
TL;DR

Gas prices have jumped roughly 30% nationally in weeks since the U.S.-Iran conflict, squeezing workers who drive for pay (e.g., a DoorDash driver in Georgia reporting extra fuel costs) while oil supplies tighten and diesel costs rise. Economists warn that if the war drags on without an off-ramp, inflation could accelerate and job growth slow, prompting some workers to seek cheaper commutes and businesses to absorb higher fuel costs.

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