US inflation jumps to 3.8% as energy costs surge from Iran war

US inflation has surged to 3.8%, its highest level since May 2023, driven by rising energy costs. The increase is largely attributed to the ongoing conflict with Iran, which has disrupted global energy markets. As a result, consumers are feeling the impact of higher prices, with inflation now at a six-month high. Energy costs are expected to continue influencing inflation rates in the coming months.

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