US inflation leaps to 3.8% - World Business Report

What this episode covers

The blockade of the Strait of Hormuz have caused higher energy and grocery prices. The average US price for a gallon of unleaded is at its highest level since July 2022, at $4.50.A Japanese snack maker says it's been forced to print its packaging in black and white because of ink shortages caused by the crisis in the Persian Gulf.And it's the first day of the Cannes Film Festival in the south of France, one of the biggest events in the world of cinema.

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How long is this episode of World Business Report?

This episode is 8 minutes long.

When was this World Business Report episode published?

This episode was published on May 12, 2026.

What is this episode about?

The blockade of the Strait of Hormuz have caused higher energy and grocery prices. The average US price for a gallon of unleaded is at its highest level since July 2022, at $4.50.A Japanese snack maker says it's been forced to print its packaging in...

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