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Inflation spike: What the Iran conflict means for you

Published 11 June 2026 · finance

The Iran conflict is driving oil prices up — and pushing US inflation to a three-year high. Kevin Warsh, the new Fed chair is under

The Iran conflict is driving oil prices up — and pushing US inflation to a three-year high. Kevin Warsh, the new Fed chair is under pressure.

What does this mean for everyday Americans? How much can they still afford — and why does President Trump “love” rising inflation, despite campaign promises to bring it down?

Allie Kelly, a reporter at Business Insider, weighs in. For more news go to Follow DW on social media ► ►TikTok ► ► Für Videos

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