Americans spent $107 billion more on fuel due to conflict with Iran

Brief retelling from RIA II

During the conflict with Iran, Americans spent approximately $107 billion more on fuel than if there had been no war.

Overspending for gasoline is $59 billion and for diesel fuel is $48 billion.

The average price for diesel fuel in the US reached $6.27 per gallon, having risen in price by 170% over the year, and Regular brand gasoline (similar to AI-92) costs an average of $4.3 per gallon.

MOSCOW, September 16 - RIA Novosti. During the conflict with Iran, Americans spent $107 billion more on fuel than if this factor had not existed, the Wall Street Journal reports, citing calculations from a Brown University laboratory.

“American consumers collectively spent about $107 billion more on gasoline and diesel during the conflict with Iran and supply disruptions due to the Russian-Ukrainian conflict than if there had been no war,” the article says.

On average, since February 28, when the US and Israel launched their first strike against Iran, additional spending is estimated at $500 million per day.

“In light of the sharp rise in crude oil prices recently, prices will obviously only rise in the coming weeks,” the publication writes.

According to experts, the overspending for gasoline is $59 billion, and for diesel fuel – $48 billion.

The amount is significantly higher than Americans' projected $69 billion in child care and school spending, and is also close to spending on Internet access and life insurance, the report said.

The average price for diesel fuel in the United States on Tuesday broke an anti-record, reaching $6.27 per gallon (about 3.8 liters). The price increase is 170% per year.