Impact of Iran war: Oil prices, Treasury yields slow US consumers
A man pumps gas at an Exxon station as oil and gas prices rise amid the US-Israel conflict with Iran, in Washington, DC, US, March 5, 2026. Ken Cedeno Reuters Consumers are facing a double-digit increase in oil prices and Treasury…
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Impact of Iran war: Oil prices, Treasury yields slow US consumers
A man pumps gas at an Exxon station as oil and gas prices rise amid the US-Israel conflict with Iran, in Washington, DC, US, March 5, 2026. Ken Cedeno Reuters Consumers are facing a double-digit increase in oil prices and Treasury yields amid a US war with Iran that have left them strapped for cash. Crude oil prices have risen again in recent weeks as the war between the US and Iran has escalated again, a development that will lead to higher prices at the pump.