Iran war driving up inflation for Americans, CBO report says

OMEGAZEPRIME News
Published on September 15, 2026 • Originally reported by Courtney Kube. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
The Congressional Budget Office estimates the war with Iran is the cause of more than one-third of the increase in inflation this year and that it will cause further increases in the first quarter of next year, according to a new report released Tuesday.
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