World Business Report - US Inflation Hits Three-Year High as Energy Prices Surge

Download US Inflation Hits Three-Year High as Energy Prices Surge

The cost of goods in the United States is rising at its fastest pace in three years, with inflation driven mainly by soaring energy prices since the start of the war in Iran.

Economists say the energy shock is feeding through into broader price pressures across the world’s largest economy.

Meanwhile, Taiwan’s TSMC, a key player in the global AI boom and the centre of the US-China tech rivalry, has been speaking exclusively to the BBC about whether it can keep up with surging demand for advanced chips.

And with just a day to go, large numbers of World Cup 2026 tickets are appearing on resale platforms.

Presenter: Leanna Byrne
Producer: David Cann

Published on Wednesday, 10th June 2026.

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