U.S. Iran war costs average household two thousand dollars

The war with Iran has cost the average American household around $2,000 so far, according to economist Mark Zandi at Moody's Analytics. The conflict has disrupted oil supplies from the Middle East, pushing fuel prices sharply higher. Higher energy bills account for about $1,100 of that total. Rising interest rates, which the Federal Reserve increased because of war-related inflation, add another $540. Military spending accounts for the remaining $360. At current fuel prices, households are paying roughly $50 more per week on energy. Driving and flying have become more expensive, and some companies have raised delivery charges or prices on certain products. Most retail stores have not raised all their prices yet, despite higher costs for production and transport.