Gas prices tied to Iran conflict push U.S. inflation to highest level in three years

CHATTANOOGA, Tenn. — Rising gas prices are driving inflation higher across the country.

New data shows U.S. consumer prices jumped 3.8% in April compared to a year ago, the largest increase in three years.

Economists point to the ongoing conflict with Iran as a major factor.

Gasoline prices rose 5.4% from March to April and are now more than 28% higher than a year ago…

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