Can central banks curb inflation as energy costs rise? Central banks hold rates steady as energy shock tests inflation fight.Share this: US faces rising costs with Iran war driving energy prices, inflation higherDateMay 12, 2026In relation toAl-JazeeraUS inflation hits new three-year high amid energy price surgeDateJune 10, 2026In relation toAl-JazeeraUS-Iran war to pull global economy to post-COVID low: World BankDateJune 11, 2026In relation toAl-Jazeera