Fears are brewing over an oil-price shock that could rattle markets and the economy Business InsiderOil pauses gains as Venezuela shipments resume, but Iran concerns loom ReutersWorld's most vital oil chokepoint back in focus amid possible U.S. action against Iran CNBCOil Hits $65 as Geopolitical Risks Swirl From Iran to Black Sea Bloomberg.com
Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.