Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed

The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.

Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran’s decision to close the Strait of Hormuz, a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply, with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed.

Now, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing and electricity.

  • Avicenna@programming.dev
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    2 days ago

    Americans? It fucked up prices all around the world, even raised mortgage taxes in the UK. Trump and Netanyahu is a world-wide pestilence that must be dealt like-wise.

    • cuckmaster69@lemmy.billiam.net
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      1 day ago

      i mean, it’s an article on america. there’s other articles about other countries. i think people like to see that specifically americans are facing consequences for global actions taken by the us president, which makes this one rise to the top over any other specific country’s similar articles.

      just kinda boring to see this take on every post about america facing the consequences of their actions these days. like, maybe you could link to an article focusing on the global systemic impact, and we can have that discussion. instead it’s like everything that points out that americans are unhappy has this constant comment section being like “HOLY SHIT AMERICANS ONLY THINK ABOUT THEMSELVES”. which is totally understandable, but like, what do you expect to happen? there’s an impeachment and JD vance takes over and instantly things are solved? or do you expect a significant margin of the population of the continental united states to rise up and storm the capitol in a way that’s somehow more cohesive and effective than the last time there was a violent coup attempt at the US capitol?

      inb4 something something the french protest and everyone makes fun of them, and “NO BUT I EXPECT YOU TO DO MORE THAN THIS PEACEFUL PROTEST BULLSHIT”

    • UnderpantsWeevil@lemmy.world
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      2 days ago

      Americans?

      The only people in the world that matter.

      Nevermind Cuba paying $20/gal for gas in the few places it’s still available. Or the Philippines seeing enormous street protests responding to surging energy prices. Or South African farms cutting their planting season thanks to fertilizer shortages. Or even the UK staring down the prospect of winter heating bills in excess of 2-3% of GDP.

      Nope. Only America matters