CNBC September 16, 2026 • 12:02

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

By Alex Harring

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

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

A man pumps gas at an Exxon station as the price of oil and gas has surged amid the U.S.-Israeli conflict with Iran, in Washington, D.C., U.S., March 5, 2026.
Consumers are facing a double-whammy o… [+6978 chars]

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