Summary
The ongoing conflict with Iran is causing higher prices in the United States. These price increases are seen in areas like transportation and food production.
Key Facts
- The war with Iran is linked to rising costs for Americans.
- Higher prices affect transportation, such as fuel and shipping.
- Food production costs are also going up due to the conflict.
- Increased costs come from disruptions in supply chains and energy markets.
- The report was made by CBS News business and technology correspondent Jo Ling Kent.