As Trump declares inflation tamed, Iran conflict threatens new price pressures

The conflict involving Iran threatens another price spike that could undermine the president's central case for lower interest rates.

Gas prices at a Sunoco gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Oil surged the most in four years as the first impacts of the war in the Middle East began to be felt, with a … [+5189 chars]