Iran War is hitting low-income Americans the hardest at the gas pump, New York Fed says
- Posted on May 6, 2026
- By Fortune
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- 1 min read
Iran War is hitting low-income Americans the hardest at the gas pump, New York Fed says
Poorer households, defined as those earning less than $40,000, cut their gas consumption by 7%, the report found, but still spent 12% more on gas in March.
