Inflation surges, fueled by fuel prices amid war in Iran

From NBC News.

Gas prices skyrocketed 21.2% in March, the largest one-month spike on record, and the inflation rate soared to 3.3%. Both were driven by high fuel prices from the war in Iran. The Strait of Hormuz, a critical shipping route, remains largely at a standstill. Only two ships passed through the strait on Friday. NBC News’ Garrett Haake reports.

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#Inflation #Iran #Economy