CNN
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Iran war: Gas hikes costing Americans extra $73B+
Posted
July 24, 2026
Views
48,579
Likes
923
Comments
582
Engagement
3.10%
July 24, 2026
48,579
923
582
3.10%
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11:16Now PlayingThe average price US drivers pay for a gallon of gas hit $4 on Monday, as fighting between the United States and Iran intensified, further disrupting oil flows through the Strait of Hormuz.
Prices have jumped from $2.98 a gallon on average before the war as the conflict has cut off most oil flowing through the critical Strait of Hormuz.
CNN senior business reporter David Goldman breaks down increased costs per household due to the Iran war, and CNN global economic analyst Rana Foroohar details rising inflation and China's maritime advantage as blockades impact global markets.
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#Trump #Iran #News
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