Heating costs will surge this winter due to Iran war — with heating oil prices spiking as much as 70%

Source: New York Post

Winter heating costs are expected to jump nationwide due to the Iran war – with residential customers across the Northeast who use home heating oil getting slammed with spikes as high as 70%, according to a report. American households are projected to spend an average of $1,002 on home heating this year – a 7. 1% or $66 increase from last winter, according to a new forecast from the National Energy Assistance Directors Association (NEADA).