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Americans Spent $8.4 Billion More on Gas in the First Month of Trump's Iran War: Report
“From the grocery store to the doctor’s office to the gas pump, congressional Republicans are financially crushing working Americans at every turn," said one economic justice campaigner.
Apr 03, 2026
As President Donald Trump's Pentagon pushed Congress to approve $1.5 trillion in new military funding, including $200 billion for the US-Israeli war on Iran, congressional Democrats found that the working Americans whose taxes would fund those appropriations have spent $8.4 billion that otherwise could have gone to groceries, childcare, and other essentials—all at the gas pump.
Democratic members of the Joint Economic Committee released a report Thursday—two days after average gas prices in the US reached $4 per gallon, the highest in nearly four years—showing that those higher prices have forced Americans to pay 35% more on gas than they did a month ago, before Trump joined Israeli Prime Minister Benjamin Netanyahu in attacking Iran.
A month after Iran closed the Strait of Hormuz in retaliation for the war that's killed more than 2,000 Iranians and well over 1,000 people across the Middle East as the conflict has widened, it now costs $145 to fill up just one gas tank for a Ford F-150 pickup truck—$37 more than it did in February.
An SUV costs an average of $58 to fill up, an increase of $15, while a sedan costs $52 on average—$13 more than it did before the war.
The analysis was released a day after Trump unequivocally stated that, despite his campaign pledge to make life more affordable for Americans, his administration's priority is "fighting wars," not ensuring the government provides childcare and healthcare that families can afford.
"We can’t take care of daycare," said Trump. “It’s not possible for us to take care of daycare, Medicaid, Medicare, all these individual things.”
“Families are paying more at the pump because Republicans in Congress would rather spend billions of dollars on a war that raises costs than find ways to actually make life more affordable."
The advocacy group Unrig Our Economy noted Friday that the war in Iran, which is supported by nearly every Republican in Congress—is just the latest way in which the GOP under the Trump administration has "raised costs and squeezed families." The Joint Economic Committee found in February that Americans had gotten stuck with the bill due to Trump's aggressive tariffs on imports, which he had claimed would generate massive revenue—but which actually cost the average family more than $1,700 in one year as companies passed off the higher cost of goods and materials to consumers.
“From the grocery store to the doctor’s office to the gas pump, congressional Republicans are financially crushing working Americans at every turn," said Unrig Our Economy campaign director Leor Tal.
The committee Democrats also found last month that the average US electric bill rose by $110, or 6.4%, in 2025, driven by Trump's cancellations of renewable energy projects, his push for liquefied natural gas exports, and his demand for an expansion of artificial intelligence data centers.
"Meanwhile, [Republican] attacks on Americans’ healthcare have sent premiums skyrocketing and put over 15 million Americans at risk of losing health insurance. Now, they want to cut healthcare even more to bankroll their costly and unnecessary war," said Unrig Our Economy, referring to Republicans' call to further cut federal health spending to pay for the Iran war.
As Americans have spent more at the gas pump and the White House has offered shifting explanations for why the US continues to wage war on Iran, public approval for the conflict has remained low. Nearly 60% of Americans said late last month that the war has already gone "too far" as the president threatened to escalate further, and 56% of respondents to a poll by Data for Progress said they believe the conflict will benefit Israel, not the US.
This week, two-thirds of people who responded to a CNN poll said they disapproved of the war and did not believe Trump has a clear plan. More than three-quarters said they would not support the Pentagon's request for $200 billion to fund further military action.
But Trump, who White House Chief of Staff Susie Wiles admitted this week has been getting a "rose-colored view" of the war in Iran during official briefings, told reporters Thursday that Americans are so relieved that the US and Israel are attacking Iran and killed Ayatollah Ali Khamenei on the first day of the war that they are not concerned about the financial toll the war is taking on their families.
"We have a country that's not going to be throwing a nuclear weapon at us in six months," said Trump. "They're feeling a lot safer."
US intelligence has determined Iran did not pose an imminent threat to the United States.
“Families are paying more at the pump," said Tal, "because Republicans in Congress would rather spend billions of dollars on a war that raises costs than find ways to actually make life more affordable."
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‘Go Get Your Own Oil’: Trump Lashes Out at Europe for Not Backing Unprovoked War on Iran
"NATO is a defensive alliance," said one UK military analyst as the president demanded help in his unprovoked war on Iran. "It's not been clear what the legal justification for the war is."
Mar 31, 2026
President Donald Trump on Tuesday lashed out at European countries over the message leaders have been clear about since the US joined Israel in waging an unprovoked war against Iran—an assault that swiftly led Iran to retaliate by closing the Strait of Hormuz, sending global oil prices skyrocketing.
The war, Europe has said, is not one the United States' longtime allies have started or that they'll be "dragged into," and the worldwide economic consequences are the responsibility of the countries that chose to attack Iran.
Reports that France over the weekend barred US military planes headed for Israel from flying over its territory appeared to particularly send Trump into a rage, prompting him to call the French government "VERY UNHELPFUL" on his social media platform, Truth Social.
"The U.S.A. will REMEMBER!!" said the president Tuesday morning.
He then took aim at countries across Europe, writing, "Go get your own oil!" in a separate missive.
Trump repeated previous suggestions that US allies are "cowards" for not offering their assistance in the unprovoked war, demanding that they "build up some delayed courage, go to the Strait, and just TAKE" the oil by force.
"You’ll have to start learning how to fight for yourself, the U.S.A. won’t be there to help you anymore, just like you weren’t there for us," he added.
France denied the reports that it had prevented US planes from flying over its airspace, but it is one of a number of longtime US allies that have reportedly taken action to avoid complicity in the US-Israeli war, which experts say is a clear violation of international law, including the United Nations Charter, and which has killed nearly 2,000 Iranians and over 1,000 people across the Middle East as the conflict has widened.
Italian officials have denied the US military the use of an airbase in Sicily, saying the Trump administration had not gone through the required authorization procedure. Spanish Prime Minister Pedro Sánchez has been most vocal about refusing to help the US war effort, saying Trump had embarked on an "illegal war" as his administration announced the US military would be barred from Spanish airspace after an earlier statement that the US could not use Spain's military bases for operations involving the Iran war.
One senior European government official told Politico last week that Trump's demands for help have been “absurdly incoherent to put it mildly," considering the White House has also demanded that countries in Europe step up their efforts to defend Ukraine without relying on the US.
“The big picture is: The US has asked us to take care of and defend our own countries, take care of supporting Ukraine... and now [the] Middle East and global supply chains,” the official said.
Defense Secretary Pete Hegseth on Tuesday reiterated Trump's message, saying that "there are countries around the world who ought to be prepared to step up on this critical waterway as well."
"It's not just the United States Navy," said Hegseth, who has attempted to rebrand the Department of Defense as the Department of War. "Last time I checked, there was supposed to be a big, bad Royal Navy that could be prepared to do things like that as well."
Hegseth: "The president was clear this morning in his Truth that there are countries around the world who ought to be prepared to step up on this critical waterway as well. Last time I checked there was supposed to be a big bad Royal Navy that could be prepared to do things like… pic.twitter.com/WTVurKV2jQ
— Aaron Rupar (@atrupar) March 31, 2026
On Sky News in the UK on Tuesday, military analyst Sean Bell issued a reminder after Hegseth's and Trump's comments that "it's not a [North Atlantic Treaty Organization] war."
"NATO is a defensive alliance," said Bell. "It's not been clear what the legal justification for the war is."
Iran's closing of the Strait of Hormuz, through which about 20% of the worldwide oil supply flows, has sent oil prices soaring in the US and around the world. In the US, gas prices hit an average of $4 per gallon on Tuesday, and Europe has seen prices go up by about 70% since the war began.
European leaders on Tuesday were meeting to discuss the growing energy crisis, with the European Commission urging governments to consider a public call for people to reduce their use of energy, particularly in the transport sector.
As the global community faces the economic consequences of the war, Trump's comments on Tuesday bolstered the previous day's reporting by The Wall Street Journal that the president is "willing to end the US military campaign against Iran even if the Strait of Hormuz remains largely closed, administration officials said, likely extending Tehran’s firm grip on the waterway and leaving a complex operation to reopen it for a later date."
At Drop Site News, journalist Murtaza Hussain joined co-founder Ryan Grim for a discussion on Tuesday about Trump's latest comments.
While noting that Trump has "engaged in deception" and could actually "be gearing up to launch some operation intended to open the strait" by force, Hussain said that the suggestion that the US will no longer ensure global shipping routes are flowing could be a a "fall of the Berlin Wall moment."
"The entire basis of the American empire is that it's a maritime empire," said Hussain. "So if now, very perfunctorily, the US is saying, 'We're not going to defend one of the most important shipping lanes on the entire planet,' where 20% of the world's energy comes out of... It's kind of like the Suez crisis, which put the nail in the coffin of the British empire."
Drop Site is live this morning here https://t.co/AIp76rl3yR
— Ryan Grim (@ryangrim) March 31, 2026
Grim added that despite Hegseth's claim that the US has "set the conditions for success" in the Strait of Hormuz, the Trump administration actually "took an open strait, made it closed, and are now going to walk away."
The end result of the US and Israel's decision to attack Iran could be the further isolation of the two countries, said Grim.
"If the US decides it doesn't have the military capacity or willingness to open the strait violently, the idea that France is going to do it is preposterous," he said. "What France would more likely do is call up Iran and say, 'What's the price?'... If you're Israel and you're calling Iran, you're probably not going to get the same deal... You would imagine Iran would say, 'Here's what it costs, and it gets a little cheaper if you cut ties with Israel...' All of a sudden, they're a global player now, because they have this leverage."
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As G7 Weighs Measures to Confront Growing Energy Crisis, Officials Urged to Tackle 'Fossil Fuel Profiteering'
“It is obscene that companies like TotalEnergies are making enormous profits from war, while ordinary people’s lives are being shattered and the world faces a spiraling economic crisis," said one campaigner.
Mar 31, 2026
As energy and finance officials from across the European Union prepared to review energy supply levels amid the US-Israeli war on Iran on Tuesday, campaigners from a leading climate action group renewed their call for officials to go further than just releasing oil reserves in order to keep costs down.
Oil giants that have benefited from the growing global energy crisis set off by the US-Israeli attacks and Iran's retaliatory closing of the Strait of Hormuz should be held to account for their "fossil fuel profiteering," said 350.org.
After a virtual meeting of energy ministers from the G7 countries on Monday, 350.org called on officials to tax the windfall profits of companies like France's TotalEnergies, which is estimated to have made $1 billion in profits in just the last month since Iran closed the strait in retaliation for the US and Israeli attacks.
Total has reportedly "monopolized" about 70 crude oil shipments from the UAE and Oman in the last month, as Murban crude prices surged from $70 to $170 per barrel.
As Common Dreams reported Monday, 350.org released an analysis showing that spiking oil and gas prices resulting from the US-Israeli war have cost consumers and businesses more than $100 billion in the past month.
“It is obscene that companies like TotalEnergies are making enormous profits from war, while ordinary people’s lives are being shattered and the world faces a spiraling economic crisis," said Fanny Petitbon, France team lead for 350.org. "At a time of such profound human suffering, no company should be allowed to exploit chaos and conflict for financial gain. The G7’s deafening silence on these windfall profits speaks volumes, signaling a failure to hold corporate greed accountable while the rest of the world pays the price.”
Revenues from taxing windfall profits could "be used to support vulnerable households, accelerate the transition to renewable energy, and fund recovery efforts in regions affected by conflict," said Petitbon.
“The principle is clear: extraordinary profits made in times of crisis should be redirected for the public good, not concentrated in the hands of a few," she said.
The ministers from the G7 countries—which include the United States, Canada, Japan, Britain, France, Germany, and Italy—met virtually to discuss how the war in Iran is affecting energy and commodity markets and inflation. They called on countries “to refrain from imposing unjustified export restrictions” on oil and gas, but did not announce any specific steps they plan to take.
"We stand ready to take all necessary measures in close coordination with our partners, including to preserve the stability and security of the energy market," the ministers said in a statement. "We recognize the importance of coordinated international action to mitigate spill overs and safeguard macroeconomic stability."
Earlier this month, the International Energy Agency coordinated the release of 400 million barrels of oil to mitigate the supply shortfall caused by the closing of the Strait of Hormuz, from which about one-fifth of the world's oil supply flows.
But gas prices across Europe have continued to rise by 70% nonetheless. In the US, the average price of gas rose to $4 per gallon on Tuesday for the first time since August 2022.
Brent crude oil, which cost about $70 per barrel before the war, has gone up to $119 per barrel, and analysts are projecting prices as high as $200 as the conflict continues.
Monday's virtual summit was held ahead of an emergency meeting of EU energy ministers, who were told by EU Energy Commissioner Dan Jørgensen in a letter Monday that they were "encouraged to make timely preparations in anticipation of a potentially prolonged disruption" of energy imports.
Jørgensen emphasized in a video posted on social media Monday that the growing energy crisis underscores how a transition away from oil and gas toward renewable sources is crucial for economies as well as the planet.
The crisis in the Middle East is affecting energy prices also here in Europe.
My message on what we must do to protect our citizens and businesses.
Now and in the future.
↓ pic.twitter.com/jiLmavxV8K
— Dan Jørgensen (@DanJoergensen) March 30, 2026
"We will need immediate targeted measures to combat this crisis, but all of these measures need to be in line with our long-term strategy, which is more renewables as fast as possible," said Jørgensen.
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