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US Business · reuters.com · Wednesday, 24 June 2026

US drivers keep the brakes on after Iran war’s price shock

When fuel spiked to $5 a gallon during the Iran conflict, Americans slashed mileage, bought more efficient cars and even switched to electric models. Those habits have lingered, meaning gasoline demand may stay below pre‑war levels and keep inflation pressure on the broader economy. The shift reshapes consumption patterns long after the war ends.

Read the source: reuters.com ↗In the 24 June issue →