The U.S. Department of Homeland Security has been drawn into the case of a woman who was killed in a hammer attack last week at a gas station in Fort Myers, Florida, after a Haitian immigrant was taken into custody on homicide charges in connection with the attack. Nicole Valdes has the latest. Source link
Farmers react to high gas prices as Trump’s Iran war rages on – CBS News Watch CBS News Farmers across America are grappling with soaring fuel prices as the war in Iran impacts energy costs. CBS News’ Lana Zak reports. Source link
WASHINGTON — Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House. Inflation probably rose to 3.4% in March compared with a year … Read more
Despite the ceasefire with Iran, gas prices in the U.S. remain high. The national average is $4.17 per gallon, according to AAA. Kelly O’Grady explains what to expect. Source link
Although an eleventh-hour truce between the U.S. and Iran immediately eased tensions between the warring countries, it could take some time for Americans to see relief from the soaring fuel costs that have pushed gasoline prices to their highest level in years, energy experts and economists said. Patrick De Haan, a petroleum expert at GasBuddy, … Read more
Average gas prices have increased more than a dollar since the U.S. and Israel first attacked Iran. In five states — California, Hawaii, Nevada, Oregon and Washington — average gas prices are more than $5 per gallon, the highest nationally. States toward the middle of the country are paying the least, according to AAA data. … Read more
Iran’s Strait of Hormuz blockade fuels global oil market concerns as Trump admin meets execs Jonathan Hunt reports live from London on Iran’s aggressive actions in the Strait of Hormuz, leading to a 95% reduction in commercial shipping traffic. Mohamed El-Erian, Gramercy Funds Management Chair, analyzes the global oil market disruption, with crude oil prices … Read more
Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds – CBS News Watch CBS News A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins “The … Read more
Gasoline prices in the U.S., which have risen $1.16 a gallon since the start of the Iran war in February, could top $5 a gallon as soon as later this month if the Strait of Hormuz remains closed through mid-April, according to J.P. Morgan energy analysts. Higher prices at the pump could also consume “much or all” of … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Gas Price Average Is Now 88 Cents Higher Than It Was in 2025 00:31 UP NEXT Trump Vows to Target Iranian Civilian Infrastructure if No Deal 02:08 Trumps Threatens ‘Complete Demolition’ of Iran’s Infrastructure 02:17 Coach Cori Close … Read more