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US households could be in for a second wave of Iran war inflation that hits more than just gas

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US households could be in for a second wave of Iran war inflation that hits more than just gas

Photo credit: Davgood Kirshot via Pixabay. Article by Naomi Buchanan. Business Insider – May 3, 2026.

Consumers are in for a rude awakening from what one expert is calling the second wave of inflation caused by the Iran war. The impact of the war on consumers’ wallets has been relatively limited, with inflationary pressures showing up in high gas prices and pricier flights. Market watchers warn that the relative economic calm won’t last. […]

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