US inflation hits 3.3%

The Labor Department report highlights the significant economic impact of the Middle East conflict on American households, with energy costs skyrocketing and the Strait of Hormuz remaining largely closed.

While food prices remained relatively flat, the overall increase in the cost of living has dampened consumer confidence and raised concerns about the global economy.

Analysts warn that uncomfortably high inflation may persist as long as regional tensions continue to disrupt global supply chains.

The data presents a political challenge for the administration as it navigates both domestic economic pressure and high-stakes peace negotiations abroad.