Moody’s Reports $100 Billion Cost to U.S. Households from Iran War
According to Moody's chief economist Mark Zandi, the ongoing conflict with Iran has cost American households approximately $750 per household—totaling around $100 billion—due to increased military spending and higher oil prices. The war has led to Brent crude exceeding $110 a barrel multiple times in 2026.
Topics: household finances Iran War military spending oil prices U.S. economy