I filled my small SUV with a tank of gas a few days ago and spent about $70, more than I’ve paid in years. Here in North Texas, gas prices are hovering around $4 per gallon. That might seem low compared with the rest of the country, but for Texans used to cheaper fuel, it’s a real strain. Many people here commute to work, and higher gas prices only add more pressure to already burdensome bottom lines.

The Labor Department reports that the year-over-year consumer price index rose 3.8% in April, the sharpest jump in three years. As of May 12, the national average for gas is $4.50 per gallon, while Californians are paying an eye-popping $6.15.

President Donald Trump’s decision to wage war against Iran is beginning to hit Americans in their wallets. Increasing inflation raises questions about how long this conflict will continue and whether rising costs could influence voters as Republicans head into the November elections.

Inflation is rising as food and gas prices climb

Inflation has risen........

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