India, March 20 -- Social Security recipients in the US could see a larger-than-expected cost-of-living adjustment (COLA) in 2027, as rising oil prices linked to geopolitical tensions push inflation higher, experts say.

A report by Newsweek notes that oil prices have surged past $100 per barrel amid the ongoing conflict involving Donald Trump and Iran. The spike has already driven fuel costs up by more than 20 percent in a single month, raising concerns about broader inflationary pressure.

While current Social Security payments will not change immediately, the inflation trend could shape how much benefits increase in 2027. More than 70 million Americans rely on these payments, many of whom depend on them for essential living expenses. ...