Trump’s Iran War Push Is Costing Americans Billions in Higher Prices

1 min read
Source: HuffPost
Trump’s Iran War Push Is Costing Americans Billions in Higher Prices
Photo: HuffPost
TL;DR Summary

Since President Trump’s unilateral move to wage war on Iran, wholesale prices have surged (PPI up 1.4% in March and 6% higher than a year ago), diesel costs have spiked about 50%, and the CPI is up 3.8% over the last year. Brown University estimates Americans have spent roughly $38 billion more on gasoline and diesel since the conflict began, signaling that energy costs and prices for goods are likely to keep rising as the war continues.

Share this article

Reading Insights

Total Reads

0

Unique Readers

11

Time Saved

10 min

vs 11 min read

Condensed

96%

2,04577 words

Want the full story? Read the original article

Read on HuffPost