"The price spike threatens more pain at the pump for American drivers. A gallon of regular unleaded gas already averages $3.84 nationally, according to AAA — an increase of 32 percent from just a month ago, before President Donald Trump launched strikes on Iran alongside Israel."

#Trump #Iran #war #oil #gas #economy #inflation #affordability
/2

"Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy costs.

The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday."

~ Jeff Cox

#Trump #Iran #war #oil #gas #economy #inflation #affordability
/3

https://www.cnbc.com/2026/03/18/ppi-inflation-february-2026.html

"Excluding volatile food and energy costs, the so-called core PPI increased 0.5%.

Economists surveyed by Dow Jones had been looking for increases of 0.3% for both measures."

#Trump #Iran #war #oil #gas #economy #inflation #affordability #food
/4

"U.S. wholesale prices rose sharply—up 3.4% year-over-year and 0.7% in February—marking a third straight monthly increase and signaling renewed inflation pressure, with especially steep food costs (including a surge in vegetable prices) likely to push higher prices onto consumers and complicate the Fed’s efforts to control inflation."

~ Aaron Parnas

#Trump #Iran #war #oil #gas #economy #inflation #affordability #food
/5

https://aaronparnas.substack.com/p/news-dhs-nomination-hearing-erupts

"U.S. diesel prices have surged to about $5.06 per gallon—up roughly 38% in a month—driving higher transportation costs that are beginning to ripple through supply chains and raise prices for consumers, with truckers especially impacted by rising diesel and DEF (urea) costs.

Brent crude oil prices have surged today."

#Trump #Iran #war #oil #gas #economy #inflation #affordability #food
/6