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Iran War is hitting low-income Americans the hardest at the gas pump, the New York Fed says | Fortune

Poorer households, defined as those earning less than $40,000, cut their gas consumption by 7%, the report found, but still spent 12% more on gas in March.

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https://fortune.com/2026/04/02/gasoline-prices-tax-us-k-shaped-economy/

US gas prices are at their highest since 2022, and it's primarily hurting low-income households | Fortune

https://fortune.com/2026/04/02/gasoline-prices-tax-us-k-shaped-economy/