WASHINGTON: The ongoing US-Israeli conflict involving Iran has increased energy expenses for American consumers by more than $37.3 billion, according to figures released Monday by Brown University’s Watson School of International and Public Affairs.
The university’s Iran War Energy Cost Tracker estimated that Americans have paid approximately $37.34 billion in additional fuel-related expenses since February 28, when military operations involving the United States, Israel, and Iran escalated regional tensions.
According to the study, petroleum costs accounted for nearly $20.41 billion of the increase, while diesel expenses approached $17 billion. Researchers stated that the tracker updates continuously in real time as energy prices fluctuate.
Meanwhile, the report estimated that the average American household now spends an additional $285.10 per month on gasoline and diesel. Project leader Jeff Colgan explained that the tracker helps consumers understand how rising fuel costs may affect travel plans, commuting, and summer transportation expenses.
The conflict significantly disrupted global energy markets after Iran restricted activity through the Strait of Hormuz, one of the world’s most important maritime trade routes. The waterway connects the Persian Gulf to the Gulf of Oman and the Arabian Sea and serves as a major corridor for global oil shipments.
Consequently, fuel prices in the United States climbed sharply during recent months. Current gasoline prices reportedly stand at $4.52 per gallon, compared to levels below $3 before the conflict began.
Analysts also noted that disruptions in the Strait of Hormuz increased pressure on shipping schedules, regional ports, and global supply chains already strained by security concerns in West Asia.
In addition, attacks targeting American military assets and regional facilities further intensified economic uncertainty and contributed to higher transportation and energy costs worldwide.
