The Iran War Tariff and Your Gas Bill May 2026

Lucas and Luna dig into the CNBC headline that every US household is paying an extra $450 on gas and energy because of the Iran war. They break down how that number is calculated, why energy inflation is stickier than core inflation, and what it means for consumer spending heading into summer. Along the way, they connect the 4.45% ten-year yield to the geopolitical risk premium and ask whether the Fed's inflation fight can succeed when the shock is supply-driven. A grounded, number-first look at how a geopolitical event shows up in your monthly budget. #IranWar #EnergyInflation #GasPrices #ConsumerSpending #GeopoliticalRisk #FedPolicy #CoreInflation #PCEPriceIndex #TenYearYield #TreasuryYields #May2026 #HouseholdBudget #SupplyShock #CNBC #Economics #FexingoBusiness #BusinessPodcast #TheEconomicForecastPodcast Keep every episode free: buymeacoffee.com/fexingo