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Conflict between Israel and Iran drives oil prices sharply higher amid fears of escalating tensions.
Oil prices soared and global stocks dropped sharply after Israel attacked Iran, raising concerns over potential conflicts affecting oil supply.
Oil prices have risen over 7% following military strikes by Israel on Iran, igniting fears of supply disruptions.
US inflation rises to 2.4% in May, yet tariffs from the Trump administration show limited effects on consumer prices.
Japan's rice crisis, marked by soaring prices and ministerial resignation, reveals economic struggles amid public frustration over food accessibility.
Trump criticizes Walmart for warning about price hikes due to tariffs, urging the retailer to absorb costs instead.
Walmart plans to raise prices due to tariffs impacting its costs, despite reporting strong first quarter sales.
In April, U.S. egg prices dropped significantly, marking the first month-to-month decline since October 2024, yet they remain historically high.
Trump's new executive order seeks to drastically lower prescription drug prices in the U.S., aligning them with prices in other countries.
Microsoft raises Xbox console prices and game costs due to tariffs and market conditions, reflecting broader economic challenges.
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