{"id":80403,"date":"2026-05-12T22:02:38","date_gmt":"2026-05-12T22:02:38","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/"},"modified":"2026-05-12T22:02:38","modified_gmt":"2026-05-12T22:02:38","slug":"energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/","title":{"rendered":"Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div>\n<p>                <span class=\"now-playing__dek\">Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter &#8220;Super-Spiked,&#8221; joins with analysis.<\/span>\n                      <\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/video\/energy-cost-spike-iran-war-inflation-highest-level-nearly-3-years\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from<\/p>\n","protected":false},"author":1,"featured_media":80404,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[349,157,730,803,4107,957,1528,544,248,158,6344],"class_list":["post-80403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-stories","tag-china","tag-donald-trump","tag-economy","tag-finance","tag-gas-prices","tag-inflation","tag-iran","tag-middle-east","tag-money","tag-politics","tag-strait-of-hormuz"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years - World News<\/title>\n<meta name=\"description\" content=\"Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter &amp;quot;Super-Spiked,&amp;quot; joins with analysis.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years - World News\" \/>\n<meta property=\"og:description\" content=\"Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter &amp;quot;Super-Spiked,&amp;quot; joins with analysis.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/\" \/>\n<meta property=\"og:site_name\" content=\"World News\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-12T22:02:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/05\/12\/6afb8456-c103-4617-b632-ae63e26566b4\/thumbnail\/1200x630\/dfda0b16cd5a86f07476a0b034a77c95\/cbsn-fusion-energy-cost-spike-iran-war-inflation-highest-level-nearly-3-years-thumbnail.jpg\" \/><meta property=\"og:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/05\/12\/6afb8456-c103-4617-b632-ae63e26566b4\/thumbnail\/1200x630\/dfda0b16cd5a86f07476a0b034a77c95\/cbsn-fusion-energy-cost-spike-iran-war-inflation-highest-level-nearly-3-years-thumbnail.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"998\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/05\/12\/6afb8456-c103-4617-b632-ae63e26566b4\/thumbnail\/1200x630\/dfda0b16cd5a86f07476a0b034a77c95\/cbsn-fusion-energy-cost-spike-iran-war-inflation-highest-level-nearly-3-years-thumbnail.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/\"},\"author\":{\"name\":\"News\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\"},\"headline\":\"Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years\",\"datePublished\":\"2026-05-12T22:02:38+00:00\",\"dateModified\":\"2026-05-12T22:02:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i3.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/05\/12\/6afb8456-c103-4617-b632-ae63e26566b4\/thumbnail\/1200x630\/dfda0b16cd5a86f07476a0b034a77c95\/cbsn-fusion-energy-cost-spike-iran-war-inflation-highest-level-nearly-3-years-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"keywords\":[\"China\",\"Donald Trump\",\"Economy\",\"Finance\",\"Gas Prices\",\"Inflation\",\"Iran\",\"Middle East\",\"Money\",\"Politics\",\"Strait of Hormuz\"],\"articleSection\":[\"Top Stories\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/\",\"name\":\"Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years - World News\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/energy-cost-spike-from-iran-war-sends-inflation-soaring-to-highest-level-in-nearly-3-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i3.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/05\/12\/6afb8456-c103-4617-b632-ae63e26566b4\/thumbnail\/1200x630\/dfda0b16cd5a86f07476a0b034a77c95\/cbsn-fusion-energy-cost-spike-iran-war-inflation-highest-level-nearly-3-years-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"datePublished\":\"2026-05-12T22:02:38+00:00\",\"dateModified\":\"2026-05-12T22:02:38+00:00\",\"description\":\"Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. 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