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Iran war costs 1,000 US dollars for per American household: expert

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Iran war costs 1,000 US dollars for per American household: expert

2026-07-01 17:05 Last Updated At:18:37

The war launched by the United States on Iran has cost each American household roughly 1,000 U.S. dollars, according to Mark Zandi, Moody's Analytics chief economist.

In his article published on Thursday, the 1,000-dollar cost includes extra fuel spending due to rising oil prices, the additional shopping and travel expenses caused by inflation, as well as the share of war-related expenditure borne by the U.S. government.

Zandi emphasized that his counting is conservative, adding that the true price Americans bear for this war could be higher than estimated.

Iran war costs 1,000 US dollars for per American household: expert

Iran war costs 1,000 US dollars for per American household: expert

Indirect talks between the United States and Iran are underway in Doha, Qatar on Wednesday under the mediation of Qatar and Pakistan, an informed source told Xinhua.

The talks are taking place indirectly now, with no face-to-face meetings between the two sides, the source said, adding that the sessions are closed and are being facilitated by the mediators.

The source added that at least three working groups are holding technical talks in Doha, covering the nuclear issue, diplomacy, financing, and the return of frozen Iranian funds.

Indirect U.S.-Iran talks underway, with Qatari, Pakistani mediation: sources

Indirect U.S.-Iran talks underway, with Qatari, Pakistani mediation: sources

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