Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed

The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.

Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran’s decision to close the Strait of Hormuz, a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply, with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed.

Now, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing and electricity.

  • FabledAepitaph@lemmy.world
    link
    fedilink
    arrow-up
    13
    ·
    10 hours ago

    Someone should tell them that the people who actually didn’t make it through were the 180-ish little kids that were bombed by an American missile in the middle of their school day over in Iran. Stand by and watch how the Religious Right try to argue they were child terrorists or something abysmal like that. Gas can cost 20 dollars per gallon and it doesn’t even compare. I’m just going to remind everyone conservative of that every time they mention anything about affordability.