Trump Iran Deal Collapse Could Spike Gas Prices—Here’s What It Means for Your Wallet
As tensions escalate over the collapsing Trump Iran deal, experts warn that your daily commute could get a lot more expensive. The unraveling of the nuclear agreement—which once capped Iran’s oil exports—has already driven crude prices up 8% this month, and analysts predict that if sanctions are reimposed, Americans could see a 20-cent jump at the pump within weeks. For the average driver filling up twice a month, that’s an extra $120 a year out of your pocket. But it’s not just gas: higher oil costs ripple into everything from groceries to airfare. The real kicker? This political standoff is playing out just as summer travel season kicks off, meaning you’ll feel the sting every time you swipe your credit card. Keep an eye on the White House’s next move—because your wallet is on the line.