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fuel pricesinflationmidterm electionsUS
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 11/03/2026 | 101.86 |
| Change that session | +0.06% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 754.41 |
| Change that session | +0.31% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- Retail price impacts from the Iran war are uneven but add up for US households before midterms
More than seven months into the U.S. war with Iran, higher fuel prices are making driving and flying more expensive and pushing up the cost of some goods, though retailers have not raised prices across the board. Moody's Analytics chief economist Mark Zandi estimates the war has cost the average U.S. household almost $2,000, including $1,100 in higher energy prices, $540 in higher interest rates and $360 in military costs. The national average gasoline price was $4.33 a gallon, 45% above its prewar level, while diesel rose 68% to $6.33, according to AAA. Airfares were about 22% higher than a year earlier, and USDA now expects grocery prices to rise 2.4% this year, up from an initial forecast of 1.7%. Many companies have absorbed part of their higher costs, but a sharp rise in wholesale prices suggests some may pass on more if fuel prices stay high.
- Retail price impacts from Iran war uneven, add up before midterms – NBC Chicago
- Georgia swing voters in Milledgeville weigh 2026 election
In Milledgeville, Georgia, Freeman's Barbershop, open since 1968, reflects residents' view that the local economy has changed after the loss of major employers such as Central State Hospital, Reed Manufacturing and Mohawk. Baldwin County was one of just three Georgia counties to vote for Joe Biden in 2020 and Donald Trump in 2024. Voters cite rising property taxes and high diesel prices, which have left some truckers idle, and analyst Cory Ruth says concerns over the war, gas, affordability, inflation and fatigue with the party in power cut across party lines. Ruth also warns that recent midterm polling has been off, missing rural and working-class voters who use landlines or distrust random texts.
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