FinanceNewsAPI
The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US - AP News
Overview
U.S. consumer prices rose 3.8% year-over-year in April 2025 as a 10-week war with Iran pushed gasoline and other energy costs higher. The increase continues a fuel-driven inflation trend that began in March, when gasoline and diesel surged and pump prices jumped sharply. The sustained rise in energy costs is complicating monetary policy decisions, eroding real wages, and adding strain to household and public budgets.
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ORGAP NewsORGU.S. Labor DepartmentLOCUnited States
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