strikeMay 16, 2026

Gas surges past $4 a gallon while tomato and beef prices notch new records. A look at rising costs amid the Iran war.

Summary

The Bureau of Labor Statistics’ latest consumer price report is here, and the data shows most grocery staples trending upward, electric costs at all-time highs and gas prices back above $4 per gallon nationally for the first time since 2022. Overall, inflation accelerated in April, with costs rising 0.6%.

Source: Claire Malon — Read the full report

Actors involved

USIsraelIran

Sources

Claire MalonBy Claire Malon
The Bureau of Labor Statistics’ latest consumer price report is here, and the data shows most grocery staples trending upward, electric costs at all-time highs and gas prices back above $4 per gallon nationally for the first time since 2022. Overall, inflation accelerated in Apri…

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