Moody’s: Average monthly energy expenditure for American households has increased by $450.
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```htmlGolden Ten Data reported on June 1, citing CNBC, that an analysis shows U.S. households spent nearly $450 more due to rising energy costs during the Iran war. According to Moody's Analytics data, since the conflict erupted on February 28, American families have spent an average of $447.19 extra on fuel-related expenses. With surging gasoline and airfare prices, U.S. consumers have collectively lost nearly $60 billion. Mark Zandi, chief economist at Moody's, said: "Unless the war ends soon, economically strained consumers will have no choice but to be more cautious with their spending, which will threaten an already weak economy."```
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