US consumer inflation slows in July as energy prices briefly retreat Energy prices declined 1.5 percent in July but remain 14.7 percent higher compared with a year ago.Share this: US faces rising costs with Iran war driving energy prices, inflation higherDateMay 12, 2026In relation toAl-JazeeraEnergy prices rise despite Jones Act suspension by TrumpDateApril 13, 2026In relation toAl-JazeeraOil soars past $100 a barrel amid Iran warDateMarch 8, 2026In relation toAl-Jazeera