The U.S. Navy will begin the process of blockading “any and all ships” trying to enter or leave the Strait of Hormuz, Donald Trump has said
- ⛽ Gas prices — already at $4.15/gallon, could hit $5 soon
- 🛒 Groceries — shipping costs pushing up food prices
- 🌾 Fertilizer — driving up costs for farmers
- ✈️ Airfare — jet fuel costs up 95% since the war began
- 🏗️ Construction materials — supply chain disruptions raising costs
- 💸 Overall inflation — hit 3.3% in March, expected to climb to 4%
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