The bill for geopolitical conflicts still ends up being paid by ordinary people. $447 is enough to buy how much fuel?

BlockBeats News, June 1 — Moody's latest research shows that since the outbreak of conflict between the United States and Iran, the average American household has incurred an additional $447.19 in energy-related expenses, with total consumer costs nationwide increasing by nearly $60 billion.



The report points out that the rise in energy prices is mainly reflected in gasoline, diesel, and airline ticket prices. Among them, gasoline costs account for about half of the new household expenditures, diesel price increases have added over $20 billion in extra costs for consumers, and the rise in aviation fuel costs has driven airline ticket expenses up by nearly $10 billion.



Moody's Chief Economist Mark Zandi warned that if current energy prices remain unchanged, the average American household could lose nearly $2,000 in purchasing power over the next year due to rising energy costs, which could further suppress consumer spending.