'Out of control': Inflation surges to highest point in 3 years, driven by energy. Inflation climbed in April as fuel and food prices surged due to Trump's war in Iran. Rising energy costs accounted for more than 40% of the spike. "Costs are out of control, and President Trump is responsible."
politico.com/news/2026/05/12/inflation-iran-e...Posted May 12, 2026, 3:04 PM UTC
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