Skip to content
Gigantum.net
News

Business

8,067 stories

Three ways the Iran war changed the global economy

The effects of the Iran war are obvious to most Americans: Gas prices have been hovering above $4 for weeks, mortgage rates are rising toward 7% and companies are adding shipping surcharges to make up for record diesel costs.

Americans are still struggling with high gas prices. The pain will likely continue this fall

Linda French was hoping to visit her elderly brother, who is recovering from hip surgery, and her little great-nieces and -nephews in New York this summer. But stubbornly high gas prices left her unable to afford to drive hundreds of miles from her Jonesborough, Tennessee home. Meanwhile, flying is also out of reach – the flight she took in March more than doubled in price just a few months later.

Tuesday, October 13, 2026

© 2026 Gigantum.net. Content gathered automatically from external sources; rights to each text belong to whoever originally published it.