Iran War is hitting low-income Americans the hardest at the gas pump, New York Fed says
Fortune
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Poorer households, defined as those earning less than $40,000, cut their gas consumption by 7%, the report found, but still spent 12% more on gas in March.
- US Gasoline Hits $4.50, Nears All-Time High as Iran Fuel Crunch Grows Bloomberg —
- US Gas Prices Rise Above $4.50. Map Shows Price Per State Newsweek —
- US petrol prices 50 percent higher than before war on Iran Al Jazeera —
- US petrol prices rise 50% since Iran war began, Strait of Hormuz disruption drives pump costs higher Times Of India —
- Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds ABC News —