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📸 If America does not attack Iran on the ground, what would be the price of gas in America?

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📸 If America does not attack Iran on the ground, what would be the price of gas in America?

📸 If America does not attack Iran on the ground, what would be the price of gas in America?

According to the most recent data from the American Automobile Association, by the time this report was prepared, the price of gasoline reached $4.47 per gallon and the price of diesel reached $6.48. These numbers were 2.98 and 3.67 dollars respectively during the Iran War; Therefore, the price of gasoline increased by 50% and the price of diesel increased by almost 77% during the Iran war.

🔹 But according to Brown University's calculations, if there was no war with Iran, the price of gasoline in the United States would reach $3 and the price of diesel would reach $3.79 per gallon. This increase in price, in a situation where the nominal income of households does not increase as quickly, will lead to a decrease in real income and purchasing power.

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