US Study Reveals Significant Potential Cost of Iran Conflict to American Consumers

A study from Brown University in the United States indicates that American consumers are currently bearing substantial costs from rising energy prices, a direct consequence of the potential conflict with Iran. These costs have already reached $100 billion, with the total bill increasing by approximately $1 million every two minutes, according to real-time updated estimations. The study's findings reveal that the surge in gasoline and diesel prices has imposed a financial burden exceeding $760 on each American household since the onset of tensions on February 28. Notably, diesel prices in the United States recently hit record highs, with the average price per gallon reaching $5.90 last Friday, marking a 60% increase from last year's figures. The global rise in energy prices is attributed to the ongoing closure of the Strait of Hormuz due to regional conflict. In related developments, former U.S. President Donald Trump defended his policies towards Tehran, stating that higher energy costs would pose less danger to Americans than Iran developing a nuclear weapon. Iran has consistently denied any military dimension to its nuclear program.