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Energy Inflation Persists Despite Peace Deal Hopes

Updated 2026-05-28 02:20 UTC 1 source Neutral

Despite hopes for a peace deal between the U.S. and Iran, energy prices remain high. The Federal Reserve's Goolsbee attributes persistent inflation to ongoing supply concerns.

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CNBC

Energy inflation has been more persistent than expected: Fed's Goolsbee

While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.

2026-05-28 02:04 UTC