US Inflation Rises Due to Iran War Energy Costs
2 UPDATES · 1 DAY · 12 MAY 2026 — 12 MAY 2026
CPI
Latest · 12 May 2026
US faces rising costs with Iran war driving energy prices, inflation higher | Inflation News
What this timeline covers
This event covers the surge in US inflation to 3.8% in April, including reactions, analyses, and follow-up developments related to this specific occurrence. It excludes other actions or statements by the Bureau of Labor Statistics, the Federal Reserve, and related officials unless they are direct developments or responses to the reported inflation surge.
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