16 Hrs
Source:
المشهد العربي
Source: المشهد العربي
16 Hrsالمشهد العربي
Source: المشهد العربي
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The Chief Economist at Moody's Analytics pointed out that the Middle East conflict has imposed a financial burden on American families amounting to $115 billion, or about $860 per household, due to rising fuel prices such as gasoline, diesel, and aviation fuel. This increase primarily affects low- and middle-income earners, reducing their financial opportunities as their incomes stagnate and their investments in assets diminish. The current decline in oil prices is attributed to decreased activity of oil tankers passing through the Strait of Hormuz, and it is expected that energy price pressures will ease as oil flows return to normal levels.
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