Citing an estimate by Moody's Analytics chief economist Mark Zandi, CBS reported that the biggest driver of the increase has been gasoline prices, which climbed to a peak of $4.56 a gallon in May before dropping below $4 earlier this month.

The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.

Citing an estimate by Moody's Analytics chief economist Mark Zandi, CBS reported that the biggest driver of the increase has been gasoline prices, which climbed to a peak of $4.56…