Iran War Pushes U.S. Inflation to Highest Level in Nearly Two Years
U.S. inflation accelerated sharply in March, reaching its highest level in almost two years, driven largely by soaring gasoline prices linked to the war with Iran.
U.S. inflation accelerated sharply in March, reaching its highest level in almost two years, driven largely by soaring gasoline prices linked to the war with Iran.
In his first national address since the Iran war began, President Donald Trump vowed to strike Iran “extremely hard” over the coming weeks, while Tehran promised stronger retaliation. The speech sent oil prices soaring and rattled global markets.
WASHINGTON / DUBAI, March 31, 2026. U.S.