
Since the Iran war began, fuel prices soared all over the world. Iran’s ironclad control of the Strait of Hormuz has driven prices up. But how much are Americans spending on average for fuel since the war?
According to the Kobeissi Letter, “American drivers have paid an additional $8.4 billion in fuel costs” since February 28th, the start of the Iran War. Breaking the number down, they added that Americans have been paying an extra “$240 million per day on fuel costs” per day.