US economy and inflation: Consumer prices in the U.S. climbed 3.8% last month as the 10-week war with Iran continued to push gasoline prices higher.

Oil prices rose by more than 3% on Tuesday as stark differences between the U.S. and Iran on a proposal to end the war in the Middle East pushed supply concerns back into the spotlight.-Reuters

US consumer prices rise 3.8% as Iran war sends energy prices higher apnews.com/article/us-i...

*US APRIL CONSUMER PRICES RISE 0.6% M/M; EST. +0.6% *US APRIL CONSUMER PRICES RISE 3.8% Y/Y; EST. +3.7% *US APRIL CORE CPI RISES 0.4% M/M; EST. +0.3% *US APRIL CORE CPI RISES 2.8% Y/Y; EST. +2.7%

Well, yeah. Oil prices are up a bit. But will you just look at the price of eggs! So, the two largely offset each other. - Kevin Hassett NEC Director. Trump Administration bsky.app/profile/atru... [You can always charge them on your credit card.]

But I just heard @NPR say it was only because of oil prices! They wouldn’t lie to their listeners to protect Republicans! (Sarcasm)

US inflation jumped to 3.8% in April, its highest level in 3 years as Donald Trump’s war in the Middle East continued to drive a sharp rise in fuel prices. www.ft.com/content/ce60...

The best decision would be to stop attacking Iran and withdraw the military. President Trump says he wants the gas tax to be temporarily suspended as the war in Iran extends into its 11th week and keeps oil prices elevated.

Hedge funds are betting on biofuels as oil prices surge, piling into agricultural commodities amid fears that conflict could cause long lasting fuel supply disruption www.ft.com/content/d6a...

It's still going to hit Americans significantly more lightly than everyone else in the world. North America won't experience fuel shortages, just fuel price rises and how that feeds into all other prices.

[3/4] greater inventory consumption, more challenging post-war stock replenishment, and higher residual risk premiums, supporting a higher long-term price anchor." HSBC now expects Brent crude oil prices to average $95 a barrel this year, up from its previous forecast of $80 a barrel.

Oil Prices Rise on U.S.-Iran Standoff www.nytimes.com/2026/05/12/b... Trump has declared the cease-fire on “life support,” and investors are taking a cautious approach as the economic effects of the war become more apparent.

Trump’s Middle East war could push #Australia to cusp of recession, budget warns Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war www.theguardian.com/australia-ne...

🔴 أخبار 📰 Middle East Eye Oil prices rise for third day in a row as Iran ceasefire talks stall #Politics #World #politics #world 🌐 Leer más

The Inflation Issue: 8 Key Items Shaping the Stock Market Tuesday #Oil prices and their follow through, April #CPI, #Trump’s CEO delegation, and other headlines that are moving stocks this morning. @TSProPortfolio @TheStreet_Pro @TipRanks tsp-wa.azurewebsites.net/posts/the-in...