Moody's economist: Iran war has cost average American household $1,000

Moody's economist: Iran war has cost average American household $1,000 Citing an estimate by Moody's Analytics chief economist Mark Zandi, CBS reported that the biggest driver of the increase in living costs for Americans has been gasoline prices, which climbed to a peak of $4.56 a gallon in May before dropping below $4 earlier this month. Zandi estimates that Americans have spent about $300 more on regular gasoline since the US and Israel starte

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