Global energy prices remain elevated, and Americans continue to feel the pain of paying at the pump amid ongoing tensions…
Read More
US gas prices risk topping $5 per gallon if Strait of Hormuz stays closed: JPMorgan
Gasoline prices could hit $5 per gallon nationwide if traffic through the Strait of Hormuz, a focal point of the…
Read More
US inflation seen spiking in first snapshot since Iran war
(Bloomberg) — The sudden increase in US gasoline prices felt by American consumers is set to be on full display…
Read More
U.S. Auto Industry Proposes Vehicle Fee to Replace Gas Tax
The growing share of electric vehicles and the expected increase in EV sales this year amid soaring gasoline prices are…
Read More
Oil Prices Post Biggest Monthly Surge in History
Oil markets are closing March on a historic surge, with prices posting their biggest monthly gain ever after an unprecedented…
Read More
US gas prices top $4 a gallon for first time since 2022 as Iran war drags on
Gasoline prices topped $4 per gallon nationwide on Tuesday, with the national average price at the pump hitting $4.02, its…
Read More
How a drawn-out Middle East war could drag on US consumer spending
Experts say Americans will soon feel the brunt of an “oil tax” from the war in the Middle East that…
Read More
Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war
NEW YORK (AP) — With no clear end in sight, the war with Iran sent oil prices back to $100…
Read More
Prices held steady last month, CPI data shows
Consumer prices broadly remained unchanged in February, holding steady just before war with Iran rattled markets and threatened to wear…
Read More
The US is the world’s biggest oil producer — so why are gas prices rising here?
The oilfields of Texas, Alaska, and other regions throughout the United States have made the country the world’s largest oil…
Read More
