# Inflation Soars Amid Energy Crisis

Page: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/inflation-soars-amid-energy-crisis
Text version: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/inflation-soars-amid-energy-crisis.md
Podcast: [Business News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192)
Published: 2026-06-12T17:58:44+00:00
Episode link: https://api.fastcast.ai/audio/8dcb0f6f-c680-4f2e-8db3-8a5aba71bbaa.mp3
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Duration seconds: 99

## Resource

Inflation’s hitting hard—consumer prices jumped 4.2% year-over-year, fueled mostly by energy costs that surged 60% of the monthly increase. Gas now averages over $4.50 a gallon, and electricity’s back to record highs. The Middle East conflict is choking fuel supplies, with the Strait of Hormuz shut down and U.S. blockades on Iranian ports. Food and shelter costs are also climbing, though eggs are down 50% and tomatoes are lower than peak—but tariffs keep them pricey. Ground beef’s at a record high due to low cattle supply and strong demand, while chicken stays steady. Electricity bills are skyrocketing, and gas prices keep climbing, especially in cities like Chicago where it’s over $5 a gallon. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/808328c8e3355c2c

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