Iran war has cost average American household $1,000: Moody's economist
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Source: Middle East Eye
Published: 2026-06-30 15:59 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Military & Defence, Iran, War & Conflict
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Snippet:
Citing an estimate by Moody's Analytics chief economist Mark Zandi, CBS reported that the biggest driver of the increase has been gasoline prices, which climbed to a peak of $4.56 a gallon in May before dropping below $4 earlier this month.
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