US inflation jumps to 3.8% in April, highest in nearly three years, as war in Iran disrupts economy

Inflation in the United States surged to 3.8 per cent in April, marking the highest level in roughly three years, as the Iran war causes a ripple effect across the US economy, data released on Tuesday showed. Inflation in the United States surged to 3.8 per cent in April, marking the highest level in roughly…