Trending Now - Iran Conflict May Drive Food Prices Higher Through 2026

WHO:

CBS News US - Economists are predicting economic impacts due to the Iran war.

WHAT:

CBS News US - Americans should expect elevated prices at the pump and rising grocery costs in the coming months.

CBS News Finance - Food prices have increased nearly 20% since 2022.

WHERE:

CBS News Finance - The economic impacts are expected to affect Americans nationwide.

WHEN:

CBS News Finance - The rise in food prices is anticipated to continue through 2026.

WHY:

CBS News Finance - The ongoing Iran war is cited as a contributing factor to the increase in food prices.

HOW:

CBS News Finance - Kelly O'Grady provides tips on how to cut costs and stay on budget amid rising grocery prices.

(UPDATED April 24, 2026 23:14 UTC)

Economists are warning that the ongoing war in Iran is likely to lead to economic impacts across the United States, with Americans facing elevated prices at the pump and rising grocery costs in the coming months. Food prices have already surged nearly 20% since 2022, and this trend is expected to continue through 2026. To help navigate these challenges, financial expert Kelly O'Grady is offering tips on how to cut costs and stay on budget.