From NPR.

The U.S. war with Iran has pushed inflation to its highest level in almost three years, with consumer prices up 3.8% in April from a year ago — their biggest annual increase since May of 2023.

Gasoline prices have jumped about $1.50 a gallon since the war began, and diesel prices are even higher. That’s starting to show up in the price of other goods and services: The price of plane tickets is up more than 20% from a year ago, as airlines struggle with soaring jet fuel prices; higher trucking costs may have also contributed to a sharp monthly jump in grocery prices, too.

The national average for a gallon of regular gas reached $4.50 this week, according to AAA. President Trump said Monday he would consider lifting the federal gas tax, but that would first require an act of Congress.

Check out NPR News Now wherever you listen to podcasts for more of today’s news.