Gas prices are displayed at the pumps at a gas station in the Manhattan borough of New York on March 31, 2026. Inflation expectations among US consumers surged in March to levels last seen around seven months ago, following rocketing energy prices due to war in the Middle East, survey data showed Tuesday. The report is being monitored for how American households respond to price pressures as gasoline costs jump after US-Israeli strikes on Iran plunged the region into war. (Photo by ANGELA WEISS / AFP via Getty Images)

Gas prices are displayed at the pumps at a gas station in the Manhattan borough of New York on March 31, 2026. Inflation expectations among US consumers surged in March to levels last seen around seven months ago, following rocketing energy prices due to war in the Middle East, survey data showed Tuesday. The report is being monitored for how American households respond to price pressures as gasoline costs jump after US-Israeli strikes on Iran plunged the region into war. (Photo by ANGELA WEISS / AFP via Getty Images)

A man fills up their motorcycle with gas at a gas station in the Manhattan borough of New York on March 31, 2026. Inflation expectations among US consumers surged in March to levels last seen around seven months ago, following rocketing energy prices due to war in the Middle East, survey data showed Tuesday. The report is being monitored for how American households respond to price pressures as gasoline costs jump after US-Israeli strikes on Iran plunged the region into war. (Photo by ANGELA WEISS / AFP via Getty Images)

Volvo Cars CEO Hakan Samuelsson addresses journalists during the Volvo Cars' Annual General Meeting at World of Volvo in Gothenburg, on March 31, 2026. (Photo by Adam IHSE / TT News Agency / AFP via Getty Images) / Sweden OUT

Volvo Cars CEO Hakan Samuelsson (L) and Chairman and Board Member of Volvo Cars Eric Li pose for a photo during the Volvo Cars' Annual General Meeting at World of Volvo in Gothenburg, on March 31, 2026. (Photo by Adam IHSE / TT News Agency / AFP via Getty Images) / Sweden OUT

FNV Havens executive John Klijn speaks during a general assembly of the FNV Havens union to discuss whether and when the sector will resort to actions and strikes against the plans of the Dutch government, at the port of Rotterdam on March 31, 2026. (Photo by Frank DE ROO / ANP / AFP via Getty Images) / Netherlands OUT

This picture taken on March 31, 2026 shows the King Abdullah Financial District (KAFD) complex in the Saudi capital Riyadh. Multiple explosions rattled the Saudi capital Riyadh on March 31, according to an AFP journalist, the latest apparent barrage targeting the city as Iran carries out attacks across the Gulf region. The oil-rich gulf has borne the brunt of Iran's attack in response to US-Israel strikes that sparked the Middle East war, with Tehran targeting US assets but also civilian infrastructure, including energy facilities and airports. (Photo by Fayez Nureldine / AFP via Getty Images) /

This picture taken on March 31, 2026 shows the King Abdullah Financial District (KAFD) complex in the Saudi capital Riyadh. Multiple explosions rattled the Saudi capital Riyadh on March 31, according to an AFP journalist, the latest apparent barrage targeting the city as Iran carries out attacks across the Gulf region. The oil-rich gulf has borne the brunt of Iran's attack in response to US-Israel strikes that sparked the Middle East war, with Tehran targeting US assets but also civilian infrastructure, including energy facilities and airports. (Photo by Fayez Nureldine / AFP via Getty Images) /