Veytics Intelligence
2026-09-16 · CNBC

Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household

Consumers are facing a double-whammy of jumping oil prices and Treasury yields amid the U.S. war with Iran that is leaving them increasingly cash-strapped. Crude prices reaccelerated in recent weeks as fighting between the U.S. and Iran has ramped back up, a development that will lead to higher prices at the pump. On top of that, the 10-year Treasury yield jumped this week to its highest in 19 years, threatening to intensify affordability challenges for consumers as borrowing costs rise for items like homes and cars. "Consumers are under a lot of financial pressure," said Mark Zandi, chief economist at Moody's Analytics. The total bill per household since the U.S.

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