Inflationary pressures tied to the Iran war keep building.
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A consumer fills up at a 76 gas station in San Francisco. Photo: David Paul Morris/Bloomberg via Getty Images
Inflation hit the highest rate in over three years in May, as the economic fallout from the Iran conflict ripples through the U.S. economy.
Why it matters: Inflationary pressures tied to the war keep building, squeezing household budgets and raising the risk that interest rates stay higher for longer.
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
US inflation hit three-year high in May as Iran war kept energy prices elevated
Inflation topped 4% in May as CPI surged to highest level in 3 years
Inflation rose to 4.2% in May, highest in three years, as Iran war spiked energy prices
US inflation spikes to 3-year high in May as Iran war energy shock persists
Energy Prices Drive U.S. Inflation To Three-Year High | OilPrice.com
Cost of conflict: US inflation hits 3-year high as Iran war fuels energy shock
Inflation rises as energy prices soar due to Trump’s Iran war
Inflation likely reached 3-year high last month as Iran war spikes gas prices
Here's the inflation breakdown for May 2026 — in one chart
A surge in prices at the pump due to the Iran war has pushed the inflation rate to 3.3%.
The key measure of US inflation rose in April to its highest level since May 2023 as consumers feel the impact of the Iran war.
Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran,…
US inflation accelerated to 4.2% in May, driven by a sharp rise in energy prices as gasoline costs climbed more than 40%…
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
The recent increase has been driven in large part by spiking energy prices, which have soared as the conflict with Iran disrupted…
