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

Economy CNBC By CNBC 16 Sep 2026 17:32 1 min read
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household

Rising oil prices and Treasury yields are lifting energy and borrowing costs for U.S. households, pushing consumers to draw more heavily on savings.

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