
US consumer prices jump as Iran war sends energy prices rapidly higher
WASHINGTON (AP) — U. S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department's consumer price index rose 3. 8% from April 2025, according to data released Tuesday. On a month-to-month basis, April prices rose 0. 6% from March as gasoline prices rose 5. 4% during the month; the month-over-month gain was down from 0. 9% increase from February to March. Labor Department figures showed that gasoline prices are up more 28%...
Read MoreTue, 12 May 2026
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