Iran War Costs Americans $100B, But At Least Gasoline Is Dramatically Expensive
KEY POINTS
- •Since February 28, higher gasoline and diesel prices from the Iran war have cost U.S. consumers over $100 billion.
- •Texas has paid the most with $11 billion extra spent on fuel, followed by California and Florida with $8 billion and $5 billion.
- •President Trump claims Americans accept higher prices to block Iran’s nuclear threat, but voters rank inflation as their biggest political complaint.
Since February 28, the Iran war has walloped American wallets with a $100 billion energy bill rising about $1 million every two minutes — faster than TikTok trends expire. Brown University tracked this gratuitous cash bonfire with precision that makes the IRS jealous. Average U.S. households got hit with $760 in added gasoline and diesel pain. Diesel spiked to $5.90 a gallon as of early Monday, a 60% increase over last year, making truckers rethink life choices. Texas leads the gas guzzling parade with $11 billion drained, while California and Florida contribute $8 billion and $5 billion, proving coastlines burn fuel, too. Meanwhile, Trump insists Americans like paying top dollar to block Iran’s nuclear ambitions but voters rate inflation as the 'most annoying bug' on his approval checklist. With Ukraine’s attacks fuelling more chaos, citizens brace for a fuel price rollercoaster that midterms definitely won’t smooth over.
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(1 of 3)Source: Axios | Published: 9/7/2026 | Author: Ben Berkowitz