Grocery prices also rose significantly for the second month in a row, up 2.7% over a year ago. (EPA Images pic) WASHINGTON: US consumer inflation surged to a fresh three-year high in May, according to official data released Wednesday, as increased energy prices rippled through the world’s largest e»»»

Washington, June 10 (SANA) Oil prices rose nearly 1% on Wednesday, recovering from seven-week lows after fresh U.S. strikes on Iran and another sharp drawdown in U.S. crude inventories heightened concerns over supply and regional stability. According to Reuters, Brent crude futures gained 83 cents,»»»

TOKYO, June 10 : The dollar held steady against its peers on Wednesday as markets remained on edge over the latest clash between the U.S. and Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve's rate path. The U.S. military struck Iranian targets after President »»»