Costs of Iran war will linger despite conflict's end, experts say
Key takeaways
- WASHINGTON — A spectacular economic upturn is on its way, President Trump promised Americans last week, galvanized in part by a deal brokered this month to end his war with Iran.
- “Very soon you’ll be at $2.50 a gallon for gasoline,” Trump told a crowd Wednesday night on the National Mall.
- Yesenia De La Torre, 24, from Culver City pumps gas at the Chevron gas station on Sawtelle Boulevard and Culver Boulevard on June 15.
Paola Bautista works behind the counter at Mom’s Store on Tuesday in Devore Heights, Calif. The Iran war has cost the average American household between $775 and $1,300 in fuel and taxpayer costs, according to one analysis. (Eric Thayer / Los Angeles Times) By Justine Mc Daniel and Michael Wilner June 28, 2026 3 AM PT 6 min Click here to listen to this article Share via Close extra sharing options Email Facebook X Linked In Threads Reddit Whats App Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here.
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WASHINGTON — A spectacular economic upturn is on its way, President Trump promised Americans last week, galvanized in part by a deal brokered this month to end his war with Iran.