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Oil prices rise as tensions flare in Middle East, Trump says US-Iran ceasefire is 'on life support'

Yahoo Finance · May 12, 2026, 2:31 PM · Also reported by 2 other sources

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CNBC It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas Euronews Iran war pushes US inflation to 3.8% as petrol prices surge

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Oil prices rise as tensions flare in Middle East, Trump says US-Iran ceasefire is 'on life support'

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