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How the war with Iran is affecting your wallet

When it comes to increased costs, the conflict with Iran appears to be affecting many aspects of American life, from transportation to food production. CBS News senior business and tech correspondent Jo Ling Kent reports.

Published April 16, 2026, 10:27 PM
Updated April 16, 2026, 10:53 PM2.4K
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How the war with Iran is affecting your wallet

When it comes to increased costs, the conflict with Iran appears to be affecting many aspects of American life, from transportation to food production. CBS News senior business and tech correspondent Jo Ling Kent reports.

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