How the Iran war could raise US prices, from gas to flights
Lead: The US-Israel war on Iran, now entering its fifth week as of 26 March 2026, has effectively closed parts of the Strait of Hormuz and disrupted shipments of oil and other key commodities. The immediate result has been sharp increases in energy costs—US pump gasoline averages $3.97 and diesel is up roughly 50% year-on-year—while … Read more