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News 2026-09-12 00:00 UTC

How Energy Is Driving Inflation-and How It's Not — WSJ

By Konrad PutzierSix months into the Iran war, rising oil and gas prices are driving up inflation. Diesel on Friday topped $6 a gallon for the first time on record, and gasoline prices remain near the highest levels since 2022.At the same time, beyond the gas pump and airline terminal, there are fe…