Oil & Gas

Rising oil prices and higher Treasury yields are creating a double financial burden for U.S. consumers amid the ongoing U.S.-Iran conflict, pushing up fuel prices and borrowing costs.

According to Moody’s Analytics, the conflict has added an estimated $1,760 in costs per household, as higher energy prices affect gasoline, diesel and other expenses, while rising interest rates make homes, cars and other purchases more expensive.

Of the total, about $930 comes from higher energy costs, $425 from increased interest rates, and $405 from higher military spending, adding to growing financial pressure on households.