Consumer sentiment continued to decline this month, reaching a fresh record low, as the war in Iran drags on, keeping energy prices elevated.

Consumers still feel “buffeted” by rising costs brought on by the Iran war, including “soaring prices at the pump.”

Consumer sentiment continued to decline this month, reaching a fresh record low, as the war in Iran drags on, keeping energy prices elevated.

Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.

Consumer sentiment in the U.S. has hit another record low as Americans worry about the cost of life -- especially gas -- amid the war in Iran.