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economicMay 13, 2026

Soaring gas prices aren’t the only reason Americans are paying more for groceries

Summary

Tariffs and extreme weather have also been impacting U.S. food prices. Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why.Prices for food eaten at home rose 2.9% in April compared to the same month a year earlier, according to government figures released Tuesday. That was the highest year-over-year inflation rate for the category since August 2023.Prices at restaurants, fast-food chains and other places to get prepared meals also increased, putting overall food prices up 3.2% in the last year, the Labor Department’s consumer price index showed.Fuel prices have soared while the Iran war prevents cargo ships from passing through the Strait of Hormuz, a vital corridor for global oil supplies. Diesel fuel powers fishing boats, tractors and the trucks that ship 83% of U.S. agricultural products. As of Tuesday, the average price per gallon was up 61% from a year ago, according to AAA.The meat, produce and dry goods vendors that supply Sparrow Market, a small independent grocer in Ann Arbor, Michigan, all added fuel surcharges to their deliveries in recent weeks, owner Raymond Campise said. Wholesale prices for meat, produce and some other products also have gone up, he said.“For independent markets operating on narrow margins, even small increases can have a major impact,” Campise said.The full impact of rising energy costs on food likely has not hit retail grocery prices yet in the U.S., according to Purdue University economists Ken Foster and Bernhard Dalheimer. Higher costs to produce, process, store and transport food can take three to six months to show up on supermarket shelves, where prices typically fall slowly once increased, they said.“Most of what we’re seeing now in the food price chain probably predates the conflict,” Foster, a professor of agricultural economics, said. “We’re cautiously waiting to see what the June numbers and the May numbers might show as they come out in terms of … the extent to which energy shocks in the Strait of Hormuz and shipping blockades and so forth are going to impact food prices.”The consumer price index measures changes in what people in U.S. cities paid at retail stores for meat, bread, milk, produce and other grocery staples. Over the last 20 years, grocery prices increased an average of 2.6%, according to the U.S. Department of Agriculture.Prices for perishable and refrigerated products tend to increase faster than prices for packaged goods when energy is an issue. Consumers paid 6.5% more for fresh fruit and vegetables in U.S. cities last month than they did in April 2025, and 8.8% more for meat, the Labor Department reported.But U.S. trade policies and extreme weather also have weighed on U.S. food prices in the last year. In July 2025, the Trump administration imposed a 17% duty on fresh tomatoes imported from Mexico; consumer prices rose 40% in the 12 months before April.Dry weather in the Western U.S. has been one of many factors pushing up beef prices, which in April were 15% higher year-over-year. Coffee prices were up 18.5%, partly due to drought and other weather conditions that have hurt global coffee production in recent years.“Today’s CPI showed that food prices have been rising 3.2 percent in the past year, but the story behind that number is more complicated than just an energy shock,” said Dalheimer, an assistant professor of macroeconomics and trade in Purdue’s Department of Agricultural Economics.Prices for some foods remained more or less flat or declined over 12 months. Milk and chicken dipped slightly. Butter cost 5.8% less in April than it did a year earlier. Egg prices fell 39% as farmers rebuilt flocks that were decimated by an ongoing bird flu outbreak.Food prices and broader inflation are likely to feature prominently in November’s midterm elections. During his 2024 campaign, President Donald Trump often cited the prices of bacon, cereal, crackers and other groceries as reasons why voters should return him to the White House.Some food producers say they’re struggling now because of higher fuel costs. The Southern Shrimp Alliance, which represents shrimpers in eight states, said some boats haven’t left the dock this spring because they can’t catch enough shrimp to compensate for the cost of diesel.Fuel typically makes up 30% to 50% of the costs for U.S. shrimpers, but because they supply only 6% of the shrimp that Americans consume, they have limited ability to raise prices or add surcharges for fuel, the organization said.Higher fuel prices may also be impacting food costs in other ways. Part of April’s 5% annual increase in prices for nonalcoholic beverages may be due to the petroleum derivative that goes into making plastic bottles, Foster said.“It’s possible some of that’s starting to seep down the supply chain and get into those prices,” he said.Over the next year or more, Americans could also see higher food prices due to spiking fertilizer costs, since around 30% of the world’s fertilizer travels through the Strait of Hormuz.Fertilizer costs are less of an issue for U.S. farmers this year, since many already had fertilizer supplies in place before the war began, according to Foster. But the effects could become more noticeable next year if the war drags on, he said.“I expect the Iran conflict to impact the coming years’ food prices through a couple of channels. One, the energy costs and transportation handling. The other would be through packaging costs,” Foster said. “If the conflict were to last longer, then we might see more coming online as fertilizer prices start to impact longer-term planting decisions and cropping decisions.”

Perspectives

Iranian Official

The Iranian government upholds its sovereign right to resist foreign aggression targeting its territorial waters and vital interests in the Strait of Hormuz, a defensive measure against U.S.-led hostilities that has disrupted oil flows and driven U.S. diesel prices up 61%. This resistance exposes the consequences of American warmongering, contributing to a 2.9% surge in U.S. grocery prices and 3.2% overall food inflation as supply chains suffer. Iran stands firm in defending its independence against such imperialist interference.

Israeli

Israel's defensive strikes against Iran's nuclear and proxy threats, including Hezbollah and Houthi networks targeting vital sea lanes, have forced closure of the Strait of Hormuz, spiking global diesel prices by 61% and driving U.S. food inflation to 3.2%. This disruption to agricultural transport highlights the regime's strategy of economic warfare, underscoring why neutralizing these existential dangers remains essential for regional and global security.

Neutral

Government data indicated that U.S. prices for food consumed at home rose 2.9% year-over-year in April, the highest rate since August 2023, while overall food prices increased 3.2%. Diesel prices were reported 61% higher than a year earlier, with some suppliers citing added fuel costs linked to shipping disruptions in the Strait of Hormuz amid unspecified conflict involving Iran. Independent grocers noted recent wholesale surcharges and price increases, though reports state that the full effect on retail levels has not yet materialized.

Western

In response to Iranian threats blocking the Strait of Hormuz, Western and NATO-aligned forces have prioritized precision operations to neutralize these risks and restore secure transit for global energy supplies. This has driven a 61% surge in U.S. diesel prices, contributing to a 2.9% year-over-year rise in at-home food costs and 3.2% overall food inflation as supply chains absorb higher transport expenses. Maintaining strategic control over critical maritime routes remains essential to limiting further economic pressure on agriculture and distribution.

Pro-Peace

The Iran conflict's blockade of the Strait of Hormuz has fueled soaring diesel costs that drive up U.S. grocery prices, compounding the economic strain on American households already hit by tariffs and weather. Yet this comes amid far graver humanitarian costs, including civilian casualties, displacement, and disrupted lives across the region from prolonged fighting. Diplomatic alternatives to military escalation could have averted both these ripple effects and the direct human suffering of war.

Global South

US military actions blocking the Strait of Hormuz, framed as protecting "global supplies," expose neo-colonial dominance over energy corridors, driving diesel surges that inflate food costs worldwide while eroding the sovereignty of import-reliant Global South states. American grocery inflation at 3.2%, compounded by tariffs and weather shocks, stems from institutional failures in diplomacy and climate adaptation, yet the ripple effects—fuel surcharges and supply disruptions—disproportionately burden peripheral economies already navigating unequal trade structures.

Actors involved

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Sources

  • Associated PressBy Associated Press

    Tariffs and extreme weather have also been impacting U.S. food prices. Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why.Prices for food eaten at home rose 2.9% in April compared to the same

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The documents reviewed by Reuters show that Russian investigators requested the information from Binance and received details identifying the user and his cryptocurrency transfers to Ukrainian organizations. JOIN US ON TELEGRAM Follow our coverage of the war on the @Kyivpost_official.

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The company said in September 2023 that it was fully exiting Russia because operating there was incompatible with its compliance strategy. It said the exit involved no ongoing revenue sharing and no option to buy back the business. Questions over EU data protection rules The disclosure could also raise questions under European data protection law if Belenkiy was registered with Binance as an EU resident.

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Russia has targeted crypto donations to Ukraine Russian authorities have prosecuted a number of people who donated cryptocurrency to Ukrainian causes, according to rights activists tracking such cases. The documents reviewed by Reuters indicate that investigators also asked Binance to identify other people who had transferred cryptocurrency to a wallet used to solicit donations for Ukraine.

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economicUnverifiedUSIran
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Check out other analyst stock ratings. The upgrade had quantified the revenue upside from Spirit Airlines’ cessation of operations in May at around $500 million and JetBlue’s management lifted the value of their JetForward plan by $300 million, suggesting that “conservatism remains in that outlook,” the analyst stated.

Another key assumption was that the US-Iran war would end “relatively soon,” he added. However, military experts indicate that the Strait of Hormuz is “unlikely to open anytime soon,” McKenzie pointed out. President Donald Trump signed an agreement in June that set a 60-day deadline for ending the war with Iran and resolving issues on its nuclear program.

The deadline was Monday, according to the Associated Press. Both sides remain at odds. Higher Geopolitical Risk = Lower Valuation Multiple Investors could get a lower entry point into the JetBlue stock, he noted. While jet fuel volatility is a challenge for all industry participants, it poses “a disproportionate risk” to JetBlue Airways, given its “elevated debt levels,” the analyst wrote.

If oil prices rise from ongoing US-Iran hostilities, JetBlue may increase its debt to fund losses. That will make its balance sheet “too indebted,” leading to its shares ultimately becoming “worthless,” McKenzie said. With supply appearing to be modestly higher versus the third quarter, revenue upside for JetBlue Airways“could be limited at a time when it may need to boost ticket prices,” McKenzie said.

JBLU Price Action: Shares of JetBlue Airways had declined by 5.75% to $5.33 at the time of publication on Monday. Image: Shutterstock © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here.

Location: Iran
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World War II brought unprecedented catastrophe and historical trauma to all humanity. The Chinese mainland and the Taiwan region, as the main Eastern battlefield of the World Anti-Fascist War, waged arduous and heroic struggles and made enormous national sacrifices.

Yet in May this year, President Lai Ching-te, the leader of the Taiwan authorities, brazenly attended a so-called memorial ceremony for Japanese engineer Yoichi Hatta, lauding Hatta’s supposed “contribution to advancing Taiwan’s modernization” during Japan’s colonial rule of Taiwan, and even knelt before a memorial statue of his, sparking an uproar both on the island and beyond.

In fact, Japan imposed colonial rule over Taiwan for half a century after launching its war of aggression against China at the end of the 19th century. During this period, military conquest, political repression, economic plunder, and cultural oppression were intertwined, and its numerous crimes brought profound suffering to the people of Taiwan, constituting the darkest chapter in Taiwan’s history.

Economically, Japanese colonialists, such as Yoichi Hatta, enforced the so-called colonial economic policy of “agricultural Taiwan, industrial Japan,” wantonly plundered Taiwan’s resources. Politically, they exercised high-pressure control through the autocratic rule of the governor-general, the Japanese police, and the Baojia system (a community-based surveillance and mutual responsibility mechanism), depriving the people of Taiwan of their various rights and interests.

Culturally, they systematically imposed enslaving education on the people of Taiwan in an attempt to sever the cultural ties between the two sides of the Taiwan Strait rooted in Chinese civilization. After 1937, the Japanese colonialists further tied Taiwan to the war machine of militarism, forcibly recruiting soldiers and laborers and even conscripting “comfort women” in Taiwan.

The people of Taiwan fought one after another against Japanese aggression and colonial rule, with hundreds of thousands of Chinese compatriots paying for it with their blood and lives. For the sake of partisan and personal interests, the Lai Ching-te authorities have disregarded historical facts and gone to great lengths to whitewash and glorify Japanese colonial rule.

This is undoubtedly a distortion of history, a desecration of the martyrs, and a betrayal of the nation. It once again exposes their nature of currying favor with Japan, selling out Taiwan, and resorting to every means in pursuit of “Taiwan independence” and provocation.

Such conduct is utterly without a bottom line and deeply contemptible. Hope going forward May 2026 marked the 80th anniversary of the opening of the Tokyo Trials. Eighty years ago, this historic trial established that Japanese militarism had launched a war of aggression and exposed the numerous crimes committed by Japanese aggressors in many Asian countries.

The Tokyo Trials upheld the conscience of humanity and delivered historical justice. Together with the Nuremberg Laws, they permanently nailed the fascist war criminals to the pillar of historical disgrace. The historical justice embodied in these two great trials must not be denied, the legal force of their judgments must not be challenged, and the foundations they laid for the postwar international order must not be shaken.

“To forget history is to betray it.” Any words or actions that attempt to rehabilitate the crimes of militarism and fascism constitute a desecration of human conscience and international fairness and justice. They will inevitably meet the resolute opposition of peace-loving people throughout the world and will inevitably be brought before the judgment of history once again.

Taiwan’s return to China is one of the great achievements of World War II, and an important part of the postwar international order. Upholding the one-China principle is not only a consensus of the international community but also an essential obligation for safeguarding the postwar international order, which brooks no challenge.

The Chinese people have the firm resolve, full confidence, and sufficient capability to resolutely thwart all schemes aimed at interfering in China’s internal affairs and obstructing China’s reunification. During World War II, the Chinese and Jewish peoples stood side by side against tremendous hardships and forged a profound friendship.

We deeply remember the pain of history and jointly safeguard historical truth. The emergence of any signs of moving against the tide of history warrants our heightened vigilance. We hope our Israeli friends will see the situation clearly, fully understand the facts concerning the Taiwan question, recognize the sinister intentions and political schemes of the “Taiwan independence” separatist forces, and understand and support the efforts of the Chinese government to achieve national reunification.

The writer is the Chinese ambassador to Israel.

Location: Jerusalem
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The report did not address the proportion of Israelis returning in 2025. The newspaper said the decline coincides with recently published data by Israel’s Central Bureau of Statistics and academic researchers showing a sharp increase in the number of Israelis leaving the country.

“The study also addressed a series of bureaucratic, economic, and social challenges that make it difficult for Israelis to make a decision to return,” the newspaper said. These include long waiting periods to obtain state health insurance, fewer benefits compared with new immigrants, employment challenges and difficulties integrating children into the education system.

READ: Arday backed Palestine; man behind witch hunt believes in racial hierarchy and supports Israel Yedioth Ahronoth said the average annual number of returning Israelis stood at around 9,300 between 2008 and 2012, before falling to around 7,400 between 2013 and 2020.

“There has been a steep decrease in the number of returnees from about 8,000 in 2020 to about 3,800 in 2024 – the lowest number in recent years,” it said. According to the newspaper, the report said the steepest decline occurred in 2023, without providing further details.

The drop in return migration also contributed to Israel’s migration balance deficit between 2022 and 2024, which measures the difference between those entering and leaving the country. According to Central Bureau of Statistics data cited in the report, Israel recorded a migration deficit of around 140,000 people over those three years.

The newspaper said North America has long accounted for the largest share of returning Israelis, but the number returning from there has also fallen sharply. Around half of all returnees between 2005 and 2024 came from North America, while another 13% returned from Britain, Germany and France, and 6% from Russia and Ukraine.

The number of returnees from the US dropped significantly, from around 3,700 in 2020 to only 1,500 in 2024. “The proportion of residents returning from Russia and Ukraine increased significantly in 2022 to 9% from Ukraine and 8% from Russia of all returnees, apparently due to the Russia-Ukraine war,” the newspaper said.

Location: Israel