Iran Ceasefire Expires With No Deal in Sight as Gas Prices and 6% Inflation Squeeze American Households

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Broadcast news studio scene with curved video wall showing a Brent crude candlestick chart climbing, a glowing amber map of the Persian Gulf and Strait of Hormuz, and a stacked data panel reading gasoline 3.58 per gallon and inflation 3.8 percent year over year. A ticker bar runs across the bottom of the wall and a dark anchor desk sits in the foreground

The Iran ceasefire expired Sunday with no deal in sight. Trump rejected Tehran’s latest proposal as “garbage.” Meanwhile, gas prices are up 45%, inflation hit 3.8% in April, and forecasters project 6% by Q2. The war that was supposed to be quick is now the primary driver of an economic crisis heading into midterm season.

Iran Ceasefire Expires With No Deal in Sight as Gas Prices and 6% Inflation Squeeze American Households Read More »