U.S. households are paying an average of $447.19 more for energy since the onset of the Iran War, according to a new analysis shared with CNBC.
The increased costs are forcing many families to dip into savings or take on additional debt to cover essential expenses.
The surge in energy prices is part of a broader trend, with gas prices in the U.S. reaching $4 per gallon or higher in all 50 states.
This development highlights the growing economic impact of the conflict on the energy sector and consumer spending patterns.
The intensifying U.S.-Iran tensions have already begun to ripple through the economy, with energy markets reacting to the heightened geopolitical risk.
Analysts suggest that the situation could further strain inflationary pressures, particularly in the energy and transportation sectors.