CBS News
The Iran war has cost Americans roughly $1,000 per household in higher fuel, food and other expenses since the start of the conflict in February, according to an estimate shared last week by Moody’s Analytics chief economist Mark Zandi.
Zandi’s analysis comes as government data shows inflation in May hit its highest level in three years, and with the U.S. and Iran yet to broker a lasting peace deal. The two countries exchanged military strikes over the weekend, threatening a fragile ceasefire. The sides will continue talks to end the conflict in Qatar on Tuesday, President Trump said on Monday.
READ THE FULL STORYÂ
