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Inflation rose to 4.2% in May, highest in three years, as Iran war spiked energy prices
The recent increase has been driven in large part by spiking energy prices, which have soared as the conflict with Iran disrupted the global oil supply.
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npr.org
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasoline prices.
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independent.co.uk
Inflation likely reached 3-year high last month as Iran war spikes gas prices
Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat rising…
