American households are heading into one of the most expensive winters in years, with average heating costs expected to climb 7 per cent across the season. That headline figure, however, masks a far more brutal reality for one specific slice of consumers. Those who heat their homes with oil face increases of around 70 per cent — a spike that traders and analysts tie directly to a steep contraction in supply stemming from the war in Iran.
One number tells the story. Seventy per cent.
A Winter Shock for Household Budgets
For most Americans, the 7 per cent average increase will sting but remain manageable — the sort of
