Iran war hikes US costs of mortgages, flights, groceries & more
Ever since the US and Israel struck Iran, the jump in oil and gas prices has become a major focus for markets and consumers alike. But that’s only the top of a long list of goods that stand to get more expensive.US mortgage rates climbed this week, undoing some of the welcomed progress in housing affordability. Prices for perishables – dairy, fruits, vegetables, fish – will rise first. Airfares could come next. But, eventually, if fuel prices remain high, many goods that are transported on a truck, plane or ship will go up in cost.
0:00 Mortgage rates climb to 6.11% as Iran war roils markets
5:07 Airfares rising as Iran war drives jet fuel prices higher
7:44 If you're booked on a Gulf airline, should you reconsider?
10:16 Former Rep. Marjorie Taylor Greene (R-GA) on war's effect on grocery prices
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