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Los Angeles Times
Iran war expenses to persist experts
The article discusses the impact of the Iran war on American households, estimating a cost between $775 and $1,300 in fuel and taxpayer expenses. Despite an announced agreement to end the conflict and reopen the Strait of Hormuz, energy prices remain high, with gas prices still elevated and inflation at a three-year high. Experts project that oil and gas prices will gradually decline but will not return to prewar levels immediately, posing ongoing economic challenges heading into the midterm elections.
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