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U.S. import and export prices jump past April forecasts as fuel price spikes


U.S. import and export prices jump past April forecasts as fuel price spikes

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U.S. import and export prices in April posted their largest monthly gains in four years, with export prices jumping 3.3% in BLS data released on May 14, driven by spiking fuel costs from crude oil supply disruptions tied to the Iran war. The energy-driven inflation shock could raise miner operating costs and heighten volatility across crypto, DeFi and CEX markets, posing downside pressure on token prices and risk-on adoption.

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U.S. import and export prices in April posted the largest monthly gains in four years, driven by spiking fuel costs due to crude oil supply disruptions stemming from the Iran war in the Middle East. According to data released by the Bureau of Labor Statistics on May 14, export prices rose 3.3%, triple the expected...
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