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May 12

Iran war hits home as gasoline prices fuel significant U.S. inflation jump

By Paul Wiseman, Associated Press

The Labor Department's consumer price index rose 3.8% from April 2025 and up from a 3.3% year-over-year gain in March.

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May 11

Trump says he'll suspend the federal tax on gas. What does that mean?

By Matthew Daly, Associated Press

The president cannot suspend the federal tax on his own.

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May 08

U.S. employers add a surprisingly strong 115,000 jobs in April, while unemployment remains low

By Paul Wiseman, Associated Press

The war has caused the biggest disruption of global oil supplies in history, but the conflict hasn't done much damage to the American job market so far.

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May 07

Study: Lower-income Americans are using less gas but being hit the hardest by the price spike

By Christopher Rugaber, Associated Press

Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy's economic disparities, new research released Wednesday showed.

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May 06

U.S. and Iran appear to move closer to ending their war as Trump threatens more bombing

By Josh Boak, E. Eduardo Castillo, Elena Becatoros, Associated Press

The United States and Iran appeared to be moving closer Wednesday to an initial agreement to end the war, as U.S. President Trump sought to pressure Tehran with threats of a new wave of bombing if a deal is not…

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May 05

U.S. gasoline prices rise 50% since the start of the Iran war

By Cathy Bussewitz, Associated Press

The main reason drivers are paying more at the pump is because of the global energy crisis caused by the Iran War. The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of…

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May 01

What to know about May Day as workers face rising costs due to Iran war

By Sylvie Corbet, Associated Press

Activists worldwide gathered for May Day rallies and street protests Friday, calling for peace, higher wages and better working conditions as many workers grapple with rising energy costs and shrinking purchasing power tied to the Iran war.

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Apr 30

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

By Christopher Rugaber, Associated Press

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.

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Apr 21

Retail sales up a sharp 1.7% in March from February driven by a spike in gas prices due to the Iran war

By Anne D'Innocenzio, Associated Press

Excluding gas prices, the growth was a slim 0.6%, helped in part by government tax refunds and warm weather.

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Apr 11

Tribally owned gas stations offer cheaper fuel as Iran war drives up prices

By Mead Gruver, Associated Press

Tribes exempt from state fuel taxes can sell for much less than competing stations nearby.

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