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Inflation surged in March as Iran war’s energy impact hit consumers

This story on the March 2026 CPI inflation report is developing and will be updated with further details. Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the Iran war’s impact on the energy market.The Bureau of Labor Statistics on Friday said that the consumer price…

Fragile ceasefire and energy system: How can Europeans cope?

After six weeks of conflict in the Middle East, the United States (US) and Iran reached a ceasefire on Tuesday. But it is hanging on a thread. ADVERTISEMENT ADVERTISEMENT US President Donald Trump announced the truce on his social media platform Truth, claiming it was made on the condition of…

Exclusive | Beloved NYC restaurant owner’s world crumbled when he lost 0K in ‘fraud’ scheme — but a viral post saved his eatery and faith in the city: ‘I couldn’t believe it’

It’s a meat-free miracle. In recent months, the decades-old pioneering vegan East Village restaurant Caravan of Dreams was living a nightmare. Saddled by debt, allegedly swindled by a business partnership turned sour, and bogged down by an evolving East Village along with the lingering effects of the pandemic, the oldest…

Hormuz choke point persists as Iran halts oil traffic despite Trump ceasefire

NEWYou can now listen to Fox News articles! Oil traffic through the Strait of Hormuz remains effectively halted despite a U.S.-backed ceasefire that hinged on reopening the critical waterway, raising fresh questions about whether Iran is following through on a central condition of the truce.A backlog of roughly 3,200 vessels…