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The Iran war has already hit your gas budget. Here's what it's coming for next.

Gasoline prices surged 24% due to the Strait of Hormuz blockade, pushing the average 30-year mortgage rate up 0.5 percentage points, impacting American households and markets.

Summary by NBC Chicago
A second round of economic impacts from the war is about to put fresh financial pressure on Americans.

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+6 Reposted by 6 other sources
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The Iran war has already hit your gas budget. Here's what it's coming for next.

The U.S.-Iran war has begun cutting into discretionary spending, raising mortgage rates, battering stock markets and souring consumer sentiment.

·United States
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  • 86% of the sources lean Left
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NBC Bay Area broke the news in San Francisco, United States on Saturday, March 21, 2026.
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