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Iran war drives $100 billion in extra energy costs for U.S. consumers

Axios·September 7, 2026·1 min read
Iran war drives $100 billion in extra energy costs for U.S. consumers

The Iran war has cost U.S. consumers $100 billion in higher energy prices, with costs rising $1 million every two minutes, per Brown University. Diesel hit a record $5.90 a gallon, up 60% year-over-year, costing the average household over $760 since Feb. 28.

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