Iran war in United States

Inflation pressure

US inflation hits 3.8% as Iran war drives energy costs

Gasoline and groceries pushed April prices higher, putting renewed pressure on consumers, the Federal Reserve and President Donald Trump’s party before the midterms

Energy costs

Gas hits $4.55 a gallon as Iran war pressures consumers

The national average is up more than 50% since the war began, while companies are also dealing with higher aluminum costs tied to Middle East disruptions

Airline costs

U.S. airlines’ fuel bill jumped 56% after Iran strikes began

Transportation Department data show carriers paid $5.06 billion for jet fuel in March, a cost shock already pressuring forecasts, fees and routes

Economic fallout

Iran war’s economic hit may linger through 2026, economists say

Oil and gas prices have jumped since the conflict began, raising costs for drivers, travelers and households even if fighting eases soon

Treasury

Bessent defends potential dollar swap lines for Gulf and Asian allies

The Treasury secretary cast the discussions as routine as the Trump administration weighs financial backstops sought by partners during the Iran war