The oil shock of the war for America is three times that of China.
American consumers have spent an average of $471 more on gas since the war with Iran began in February, according to a report released Monday by the Center for Clean Energy and Air Research (CREA), a nonprofit research institute based in Finland. This figure is almost eight times the average increase in energy costs per person in the world, which is about 60 dollars. On a national scale, since the start of the war, the United States has paid a total of $160 billion in additional fuel costs. China is next with $54 billion and Canada is third with $17 billion. America's additional cost of fuel is more than three times the cost incurred by China.