Trump's War in Iran Has Cost Americans over $101 Billion at the Pump

Trump's war in Iran has cost Americans over $101 billion at the pump

The cost of the war in Iran continues to climb. Gasoline is up nearly 30 percent, and diesel prices are at a record high since it began.

Iran War Energy Costs Hit $100 Billion for Americans

Iran war has cost U.S. consumers an estimated additional 100 billion U.S. dollars

The Iran war has cost U.S. consumers an estimated additional 100 billion U.S. dollars in energy costs, a figure that…

U.S. fuel prices have climbed to their highest levels since the Iran war began in late February, with diesel setting fresh all-time records and wholesale costs now exceeding the peaks seen before the first ceasefires. - Energy News Beat

How high they go from here, and how long they stay elevated, depends less on crude alone than on a global refining system that is already running near its limits.Energy analyst John Kemp noted Wednesday that the combined cost of U.S. crude and refining margins is now higher than in early April. So far this month, WTI around $92 per barrel plus a 3-2-1 crack spread near $62 produces a combined figure above May ($98 crude and $53 crack) and April …