EnergyHighCorroboratingAccelerating
9.0
Oil surges to $105 as Iran conflict shows no quick resolution
BBC NewsLO·IR·about 15 hours ago
US annualized inflation held at 3.4% in August, with core inflation rising to 2.4%, as the end of the US-Iran ceasefire pushed energy prices up. The data suggests persistent price pressures, complicating Fed policy amid geopolitical supply shocks. The report is preliminary and subject to revision.