Consumer prices in the United States rose nearly 1 percent in March. That is one of the highest short-term inflation rates in years, largely due to the disruption of energy markets amid the unprovoked criminal attacks on Iran.
The US Bureau of Labor Statistics has admitted that inflation in March rose by 0.9 percent, compared with 0.3 percent in February. It was the largest uptick since May 2022, which took place at the height of the cost-of-living crisis prompted by the COVID-19 pandemic.
The March increase was driven by energy prices, with petrol going up by 21.2 percent and fuel oil increasing by more than 30 percent.
“The index for energy increased 10.9 percent in March, the largest monthly increase in the index since September 2005,” the government report said.
The US and Israel launched an attack on Iran on February 28, murdering Supreme Leader Ali Khamenei,.
In response, Iran chased the Americans out of the Persian Gulf and Tehran closed the Strait of Hormuz, sending oil and gas prices across the world soaring.
The price for a barrel of oil reached $120, up from about $70 on February 27.
In the US, the price of one gallon (3.8 liters) exceeded $4.1. It was less than $3 before the criminal attacks began.
You Americans have only just begun to realize the folly of your actions.
Our response will devastate you.
Death to America! Death to Israel!