Trump to tap strategic oil reserve to bring down gas prices

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Trump to tap strategic oil reserve to bring down gas prices 03:05 UP NEXT Two killed in tornado outbreak 01:58 TSA officers quit amid partial government shutdown 01:29 The Cost of Denial: Oklahoma homeowners sue State Farm over … Read more

‘Unprecedented’ agreement releases emergency oil reserves as gas prices spark concerns

NEWYou can now listen to Fox News articles! After deliberating and assessing the global oil market situation in the face of Middle Eastern conflicts stemming from the United States’ attack on Iran, a cohort of 32 different developed nations agreed to make an “unprecedented” move to help address “oil market challenges.”  The International Energy Agency … Read more

Newsom knocked for ‘insane’ California gas prices after blaming Trump for rising costs

NEWYou can now listen to Fox News articles! While California Democratic Gov. Gavin Newsom blames President Donald Trump’s actions in Iran for the price of gas, critics are calling him out for “insane” climate policies as the state’s prices at the pump soar significantly above the national average. On Tuesday, Newsom, who is widely considered … Read more

Inflation held steady in February before Iran war drove up gas prices, CPI report shows

The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors.  “Inflation was starting to ease in … Read more

House GOP urges Trump to choke off Iran ally’s oil profits as Middle East turmoil spikes US gas prices

NEWYou can now listen to Fox News articles! FIRST ON FOX: A group of House Republicans is urging the Trump administration to choke off Russia’s profits from one of its largest energy companies as global oil prices spike. It comes as the U.S. and Israel’s conflict with Iran, one of Russia’s closest allies on the … Read more

Trump Faces Concerns Over Iran War Plan and Rising Gas Prices

IE 11 is not supported. For an optimal experience visit our site on another browser. Georgia Race to Replace Marjorie Taylor Greene Heads to Runoff 01:35 Now Playing Trump Faces Concerns Over Iran War Plan and Rising Gas Prices 02:13 UP NEXT US Says It Hit 16 Iranian Mine-Laying Ships Near Strait of Hormuz 02:27 … Read more

CBS News price tracker shows how much food, gas, utility and housing costs are rising

As consumers cope with lingering cost-of-living pressures and the potential impact of tariffs, CBS News is tracking the change in prices of everyday household expenses — from food to utilities and rent. Use the tool below to explore price changes in dozens of items across different categories. About the data The categories in this tracker … Read more

From Biden’s ‘war’ on gas prices to ‘small price to pay’: GOP shifts tone as Iran conflict hits pumps

NEWYou can now listen to Fox News articles! Republicans sharply criticized former President Joe Biden over rising prices at the gas pump, but a spike in energy prices amid the U.S.-Israeli conflict in Iran threatens to scramble the party’s affordability messaging. The Iran conflict has led to a surge in gas prices for Americans, leading … Read more