The oil supply shock from the Iran war is directly impacting what Americans pay to fill up their cars, with gasoline prices up an average of roughly 60 cents since hostilities erupted on February 28.
The war in Iran reached a new extreme this week, as both Israel and Iran launched strikes on oil and gas production and export facilities. The attacks up the stakes in a war that was already choking ...
Oil dipped as Iraq signed a deal to resume exports via Turkey that avoids the Strait of Hormuz, and as the US stepped up efforts to force the reopening of the key waterway. Iraq agreed with Kurdistan ...
The Iran war has spiked oil prices around the world, risen prices at the pump and driven speculation about inflation as the Trump administration pleads with other nations to help reopen the Strait of ...
Oil and gas price hikes due to the war have rattled the global economy. The United States-Israeli war on Iran and Tehran’s ...
Shares of energy companies rose as oil futures retreated to a more sustainable level. U.S. crude oil futures settled down 5.3% at $93.50 a barrel, amid signs Iran was letting some tankers through the ...
The conflict involving Iran has triggered one of the most significant energy price shocks of 2026, directly affecting global oil and gasoline markets and fueling inflation concerns across major ...
U.S. crude oil hit $100 per barrel Sunday, continuing its surge as the U.S.-Israeli war with Iran shows no signs of ending soon and despite attempts by the Trump administration and allied countries to ...
Before the ongoing conflict with Iran, Donald Trump bragged about bringing down gas prices. But Thursday, the president turned that brag on its head. “The United States is the largest Oil Producer in ...
In March 2026, U.S. President Donald Trump signed an executive order calling for the removal of all gas price signs at service stations. In March 2026, social media posts claimed that U.S. President ...
NEW YORK (AP) — The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle ...