How US Consumers Spent an Additional $100 Billion on Fuel The war in Iran has had far reaching consequences for US consumers, but one of the most insidious is the crippling blow to household budgets.
According to a recent tracker from Brown University's Watson Institute for International and Public Affairs, US households shelled out an additional $100 billion for petrol and diesel in just six months.
This translates to an average increase of $763 per household – a burden disproportionately shouldered by lower income families who allocate a larger share of their earnings towards fuel costs.