- Oil prices have increased due to the Iran-America war.
- Consumer prices increased by 3.3%, breaking a two-year record.
- A huge increase was also seen in the prices of gas and fuel.
- The general public is facing huge problems due to increased prices.
Donald Trump, the President of America, the world’s most powerful country, is busy fighting a war with Iran these days, but the situation in his own country is not good. Inflation in America has broken the record of the last two years.
The US Labor Department has reported that consumer prices have increased by 3.3 percent in the 12 months to March, which was higher than 2.4% in February. It is being said that the main reason for this is the US-Iran war and the rising prices of oil.
Oil prices are touching the sky
According to the report of the Labor Department, consumer prices have increased by 3.3 percent in the 12 months till March, which was 2.4 percent in February. This jump is one of the biggest monthly changes since 2022. When the world was facing crisis due to Russia’s attack on Ukraine. According to the report, last month there was a huge jump in prices at petrol pumps as oil prices have skyrocketed due to the closure of the Strait of Hormuz due to the war.
States are also being affected
A jump of 21.2 percent was seen in gas prices from February to March. This is the biggest increase since the government started releasing figures in 1967. There was a jump of more than 30 percent in the prices of oil and fuel, which is the biggest increase since February 2000. Its effect is especially visible in states like California, where gas prices were already higher than the rest of America.
common people are getting worried
According to the American Automobile Association, the price of a gallon of gas in California on Thursday was about $5.93 (Indian Rs 550.67), while nationwide it was about $4.16 (Indian Rs 386.3). This rise in prices is also affecting the common people. Common people are calling these prices terrible. People say that in view of this increase in prices, they have now started taking out fewer vehicles.

