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Story summary
- The Iran-U.S. conflict has added $23.9 billion to American drivers’ fuel costs since March 1, costing about $6,462 each second.
- U.S. gasoline rose above $4.50 per gallon on Tuesday—the highest since July 2022—after oil prices spiked when tanker traffic slowed in the Strait of Hormuz.
- An April survey found 40% of consumers live paycheck-to-paycheck and 55% say their finances are worsening, outpacing anxiety during the 2008 recession.
