Wholesale inflation rose more quickly than expected last month on a big jump in fuel costs, a sign that stubbornly rising prices remain an economic challenge for consumers and a political problem for

Energy costs have risen more than 20% over the past year, largely a result of President Donald Trump’s war with Iran.

Wholesale inflation rose more than expected last month on a big jump in fuel costs as rising prices become a bigger economic challenge for millions of Americans, and a growing political problem for Republicans in the upcoming midterm elections.

Inflation climbed to a four-month high in September as gas prices continue to rise, according to federal government data. ABC News' Elizabeth Schulze has more on what this means for consumers.

Social Security benefits will rise 3.6% in 2027. The Social Security Administration announced the adjustment, which helps keep pace with inflation.

The increase is aimed at helping about 68 million beneficiaries keep pace with inflation.

Social Security benefits could be cut 22% in 2032 if Congress fails to act, potentially costing retirees collecting $40,000 a year $8,800 annually.

Senior citizens and other Social Security beneficiaries will receive a 3.6% boost in their monthly payments in 2027, the Social Security Administration announced Wednesday. It’s the largest cost of living adjustment since 2023.

President Trump has announced a deal in which the United States could buy billions of dollars’ worth of diesel fuel from Russia, stunning allies and lawmakers.

President Donald Trump says he has struck a deal to obtain diesel from Russia. It's a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the U.

A dozen senators from both parties bluntly told President Donald Trump in a letter Tuesday to reverse a deal he announced last week to allow U.S. purchases of Russian diesel fuel. The proposed waiver of U.

President Donald Trump is facing growing backlash over his plan to import diesel from Russia, with some Republican and Democratic lawmakers insisting that the controversial deal runs directly counter to an existing law.

Argentina said Tuesday it had asked an international maritime tribunal to halt oil development off the disputed Falkland Islands, escalating its confrontation with the United Kingdom over the archipelago’s first commercial oil project.

The action filed with an international maritime tribunal is the latest development in an escalating row over the Falkland Islands.

Argentina on Tuesday submitted a request to the International Tribunal for the Law of the Sea seeking an order for provisional measures against the United Kingdom (UK) to halt British exploitation

The United Kingdom has strongly condemned Argentina's escalating legal campaign against oil exploration in the Falkland Islands under President Javier Milei. Argentina filed a 49-page Request for the Prescription of Provisional Measures with the International Tribunal for the Law of the Sea to stop ongoing oil development in the area.