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Iran warns of readiness for war and economic costs as US talks falter

impacting ordinary American households. US energy and inflation costs have increased significantly since the conflict began on February 28, resulting in the effective closure of the Strait of Hormuz, where around a fifth

With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough | Heather Stewart

impact of the oil shock, as a net exporter of crude since the shale boom. But American consumers are not protected from surging global energy prices. Research by Prof Jeff Colgan, at Brown University, suggested

Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?

American stocks were about 8% down from immediately before the Iran war shut the strait of Hormuz. The International Energy Agency has called the choking off of a fifth of the world

‘A dollar or two increase is devastating’: US readers on toll of rising gas prices

American and it’s disgusting,” she said. Lisa, a 56-year-old living with disabilities on a tribal reservation in Oregon, said rising gas prices have disrupted her ability to access necessary medication. ![a woman

$25bn or $1 trillion: How much has Iran war really cost the US?

Americans approved of Trump’s handling of the cost of living. Khanna claimed the war would cost about $631bn – or some $5,000 per household – to the US economy due to increased gas and food

From night life in Egypt to rice farming in Vietnam, the war in Iran is a drain

American University in Cairo. The measure has led to unemployment and income loss for thousands of people, Kamaly says, as businesses can no longer operate during those lucrative hours. It's part

California and New York weaken climate rules as red states ramp up green energy

impacted communities.” The scheme requires polluting companies to buy permits covering their planet-warming pollution while decreasing the number of permits over time. But the changes made on Friday reduce costs for in-state refineries

As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’

gas exports pass from the Middle East, mainly to Asia and also to Europe. More recently, the US has put in place its own blockade to cut off any ships carrying Iranian oil and eventually

First Thing: Vance to lead US delegation in Pakistan if Iran agrees to talks

impacts on displacement?** Sexualized attacks are hastening the displacement of Palestinians, according to the report, with more than two-thirds of households surveyed identifying rising violence against women and children as a tipping point

Drive slower, go electric, don't drive at all? The best options for saving gas

household budgets. [](https://www.npr.org/2026/05/05/nx-s1-5812451/how-much-is-the-war-hitting-americans-bottom-line) ### [Consider This from NPR](https://www.npr.org/podcasts/510355/considerthis) ### [How much is the war hitting American's bottom line?](https://www.npr.org/2026/05/05/nx-s1-5812451/how-much-is-the-war-hitting-americans-bottom-line)

Why are anti-war protests in the West muted on Iran?

price increases, fertiliser shortages and stock market volatility – the effects have been felt faster than in most previous conflicts. Why? There are few clear answers — but analysts say several factors might help explain why this