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Israel strikes south Lebanon despite truce announced with Hezbollah
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Japan's Ogura smashes own track record to take Czech MotoGP pole
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Hurricanes blow away Chiefs in record-breaking Super Rugby final
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Germany meet Ivory Coast in high-stakes World Cup clash, Sweden face Dutch
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Ancient Greek theatre revives legendary Callas opera Medea
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Indian guru urges broader view of yoga
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Portugal's unofficial exorcism fever worries Church
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Paraguay's Almiron sent off under new FIFA 'mouth-covering' rule
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Ancelotti hails 'complete game' as Brazil sink Haiti at World Cup
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Tunisia ask how Sweden World Cup star Ayari slipped its net
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Scotland remain bullish despite Morocco World Cup setback
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USA down Australia to reach World Cup knockout rounds, Brazil swat Haiti
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Brazil cruise past Haiti to re-ignite World Cup campaign
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Australia detects first case of contagious H5 bird flu
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Scheffler career Slam chances blowing in Shinnecock winds
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Iran's treatment at World Cup 'a dark point' for football: official
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McIlroy seven back but likes his chances at US Open
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Nagelsmann eyes same German lineup against I. Coast after Curacao trouncing
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Clark leads US Open by four with major champs in the hunt
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Saibari early strike gives Morocco World Cup win over Scotland
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Archaeologists discover 'never before seen' pre-Hispanic ruins in Mexico
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Pochettino backs 'high IQ' players to block out World Cup hype
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James Burrows, prolific innovator in US TV comedies, dead at 85
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Douglass breaks 50m free world record at Indy Pro Swim
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World Cup warning with Sweden star Isak 'getting stronger and stronger'
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'Like China': Cubans welcome reforms but exiles remain skeptical
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Tunisia coach says 'I am no wizard' after World Cup SOS call
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USA down Australia to reach World Cup knockout rounds
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USA beat Australia 2-0 to reach World Cup knockouts
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Imperious Dupont guides record-breaking Toulouse to Top 14 final
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Qatar-gifted Air Force One replacement unveiled
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Venezuelan opposition figure heads to US after transition talks
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Niemann fires 65 at US Open after upsetting two-shot penalty
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Canada star Kone to miss rest of World Cup after surgery: team
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Spain's Yamal says 'too soon' to play full match at World Cup
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Confident Fitzpatrick makes a run at another US Open title
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Neymar? He is working remotely at the World Cup, jokes Lula
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England captain Stokes strikes for Durham as Test recall looms
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Three-time Stanley Cup champion Toews retires
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Clark wants to win back fans as well as US Open title
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Japan wary of fired up and wounded Tunisia for World Cup landmark game
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Clark leads as fellow major winners charge at US Open
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'Like a fridge': France cave homes offer lucky few respite from heat
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Ton-up Nicholls turns the screw for New Zealand against England
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Hormuz ship traffic climbs after war deal: trackers
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Sun shines on jockey Lee at Royal Ascot
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Kane hails World Cup 'Wonderwall' singalong as England highlight
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Oil edges back up, shares steady after US-Iran talks postponed
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Sabalenka roars back to make Berlin WTA semis
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Europe swelters as more heat records set to tumble
Rising US fuel prices risk sparking domestic wildfire for Trump
Sean Robinson, a 54-year-old schoolteacher in the US capital Washington, did not realize how high gas prices had gotten until he arrived at the pump on Friday.
"That is a sizeable jump," he told AFP, pointing to a neon sign showing $3.27 for a gallon of regular gasoline.
Robinson is among US consumers feeling the sting of a cost surge sparked by the US-Israel war on Iran, which sent oil prices soaring as Tehran effectively blocked the Strait of Hormuz after being attacked.
But the price hike comes at a politically sensitive time for President Donald Trump as midterm elections approach, hitting voters hard.
Expensive gasoline could also prompt the independent central bank to put the brakes on the world's largest economy as it battles stubborn inflation.
Since last week, US average domestic fuel prices have risen 11 percent, according to the AAA's fuel price gauge.
It is the kind of move that Robinson said will have him cutting down on all but the essentials.
"It just determines what I'm going to do on a day-to-day basis," he said. "Pretty much start thinking about (watching) Netflix, staying in the house instead of burning gas."
Others at the gas station agreed.
"It impacts all areas of life," said Toloria Washington, 39. "We are in a state of survival mode."
- 'It's the basics' -
Washington, who works in finance, said fuel expenses are non-negotiable for her. With prices rising at the pump, she had to make cuts elsewhere.
That, she said, is a problem for people already battered by years of high prices post-pandemic.
"That's the key thing, it's tapping into everybody's basics," she added. "It's the basics. Daily survival of food, water, housing."
US inflation hit a peak of 9.1 percent during the pandemic. While it has cooled since then, analysts warn of risks of another pick-up.
"Inflation showed signs of accelerating prior to the jump in energy prices," said KPMG chief economist Diane Swonk.
"That has left consumers in a sour mood," she added.
Swonk warned that rising fuel prices added "insult to injury" for low-income Americans, who are already seeing higher healthcare costs and a tightening of welfare benefits under Trump.
Trump, who has bragged about oil prices falling during his term, sought to address the political fallout on Friday, telling CNN he expected prices to come down quickly.
His Republican party holds only a slim majority in both the House and Senate.
With midterm elections due in November, he will be hoping that voters do not let tightening household budgets weaken his political position.
- Fed's 'dueling mandate' -
Trump could see further complications if inflation from gasoline price hikes pushes the Fed to respond by keeping interest rates at a higher level.
The central bank has a dual mandate of maintaining stable prices and maximum employment, but has one main tool to do so -- adjusting interest rates.
Raising them generally cools economic activity and reduces inflation while lowering them can spur activity, boosting the weakening employment market.
The prospect of more inflation due to oil prices raises the specter of what some analysts call a nightmare scenario.
"This could not come at a worse time for the Federal Reserve," said KPMG's Swonk. "It now has a dueling mandate with the risk that inflation not only lingers but accelerates."
Fed policymakers remain cautious.
Addressing higher domestic energy prices on Friday, Federal Reserve governor Christopher Waller told Bloomberg TV he considered them "unlikely to cause sustained inflation."
But this is scant consolation for many Americans hit by even a temporary bout of price increases.
"One thing after another, it's chaos, you know, every day," said Lucas Tamaren, 32, at a gas pump in Los Angeles.
"Living in America feels unpredictable and chaotic and it's hard."
Robinson, the schoolteacher, said he will be watching gas prices every day now. He expects price pressures will be reflected at the voting booth in November.
"The more you pay higher gas, higher groceries (costs)," he said, voters will "start to see" that the middle class is shrinking.
K.Sutter--VB