{"id":817,"date":"2026-06-18T17:41:06","date_gmt":"2026-06-18T17:41:06","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=817"},"modified":"2026-06-18T17:41:06","modified_gmt":"2026-06-18T17:41:06","slug":"heres-when-gas-airfares-and-groceries-could-become-cheaper-after-iran-war-deal","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=817","title":{"rendered":"Here\u2019s When Gas, Airfares And Groceries Could Become Cheaper After Iran War Deal"},"content":{"rendered":"<div>\n<h2>a peace deal likely won\u2019t boost americans\u2019 economic views<\/h2>\n<p>The University of Michigan\u2019s consumer sentiment reading dropped to a record low in May as Americans expressed pessimism over rising costs. At the time, survey director Joanne Hsu said peace talks in the Middle East are unlikely to boost sentiment until oil supply disruptions were fully resolved and energy prices fell. In the survey, Americans\u2019 views of their current financial situation fell to their lowest level since 2009.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=815\">Some Republicans Finally Express Support For Trump\u2019s Iran Deal\u2014Without Praising It<\/a><\/p>\n<h2>surprising fact<\/h2>\n<p>The price of a basic grocery basket featuring 11 common items, including eggs, milk and ground beef, increased by more than 55% between June 2020 and April 2026, when inflation rose following the start of the Iran war, according to Forbes\u2019 <u>estimates<\/u>. Several items reached record-high prices, including coffee, beef and orange juice, which rose 115%, 45% and 107% over that period, respectively.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=814\">6 Days After Kennedy Center Removed Trump\u2019s Name Tarps Still Block Sign<\/a><\/p>\n<h2>key background<\/h2>\n<p>Trump has dismissed Americans\u2019 economic concerns, saying on Wednesday that affordability is a \u201cfake word,\u201d even as inflation reached a three-year high in May. His comments followed another statement last week in which Trump said he \u201cloves the inflation\u201d caused by the Iran war, after Bureau of Labor Statistics data showed consumer prices rose 4.2% annually in May, the steepest rate since April 2023. Surging costs accounted for more than 60% of the monthly increase, federal data showed. Trump\u2019s statement contrasted with an earlier comment from Vice President JD Vance, who on Tuesday called the affordability problem \u201cvery real.\u201d <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=812\">Northern Lights Forecast: Aurora Borealis Could Be Visible From 8 States<\/a><\/p>\n<div><\/div>\n<h2>further reading<\/h2>\n<p><span><span>Forbes<\/span><span>What We Know About Potential $300 Billion For Iran In Peace Deal<\/span><small>By <span>Antonio Peque\u00f1o IV<\/span><\/small><\/span><span><\/span><span><span>Forbes<\/span><span>Iran War\u2019s Inflation Impact: Energy Prices Surged In Largest Gain Since 2005<\/span><small>By <span>Ty Roush<\/span><\/small><\/span><span><\/span><span><span>Forbes<\/span><span>Here\u2019s How A Typical Bag Of Groceries In 2020 Costs Over 50% More Today<\/span><small>By <span>Ty Roush<\/span><\/small><\/span><span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Inflation recently hit a three-year high, and some analysts warn consumer prices may take some time to come down.<\/p>\n","protected":false},"author":1,"featured_media":816,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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