United States — Energy Information Administration & S&P 500

United States — Energy Information Administration: The United States — Energy Information Administration provides data on the components of gasoline prices, illustrating how crude oil costs are the main driver.

S&P 500: The S&P 500 has scaled new highs despite rising energy costs and inflation worries, indicating that corporate profits have been buoyant in the first quarter, though margin forecasts are being cut for the second quarter.

United States — Energy Information Administration: The United States — Energy Information Administration provides data on gasoline prices, which are a significant factor in the current inflation surge.

S&P 500: S&P 500 futures pared some losses after the inflation data report, indicating market reaction to the economic news.

United States — Energy Information Administration: The United States — Energy Information Administration warned that fuel prices could continue to rise for months even after the Strait of Hormuz reopened, highlighting the lasting economic impact of the conflict.