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US inflation leaps to 3.8%
Blockades of the Strait of Hormuz have led to higher energy and grocery prices. The average US price for a gallon of unleaded is at its highest level since July 2022, at $4.50.
The blockade of the Strait of Hormuz have caused higher energy and grocery prices. The average US price for a gallon of unleaded is at its highest level since July 2022, at $4.50.
A Japanese snack maker says it's been forced to print its packaging in black and white because of ink shortages caused by the crisis in the Persian Gulf.
And it's the first day of the Cannes Film Festival in the south of France, one of the biggest events in the world of cinema.
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World Business Report
The latest business and finance news from around the world, on the BBC.

