IEA's Birol: Energy Prices Unlikely to Return to Pre-War Levels by 2027
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A Finnish research center estimates the Middle East conflict has added $468 billion to global fuel costs, with US consumers absorbing $160 billion—$471 per capita, far above the global average of $60. The figures are estimates from CREA and highlight the asymmetric economic impact of the conflict on American consumers, though the exact attribution to the war is uncertain.
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