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Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal

Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last year Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according...

The Guardian··Modified Tue, 14 Jul 2026 19:17:47 GMT
AI summary

Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last year Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according...

What happened

Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last year Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according...

Why it matters

This business report matters because business news can affect companies, jobs, consumers, investors, supply chains, and local economies. It is currently attributed to The Guardian; readers should open the publisher link for the complete report and latest updates.

Key facts
  • Category: business
  • Edition: US
  • Fetched: Tue, 14 Jul 2026 19:17:47 GMT

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