Gas Prices Top $4 a Gallon as Iran War Sends Price of Oil Soaring

IE 11 is not supported. For an optimal experience visit our site on another browser. King Charles and Queen Camilla to Make State Visit to US in April 00:21 Popular Weight-Loss Drug Wegovy Unveils Subscription Service 02:38 Countdown Underway for Long Awaited Artemis II Moon Launch 03:09 Army Investigates Helicopter Fly-By at Kid Rock’s Nashville … Read more

Pete Hegseth, Dan Caine hold news briefing as Iran strikes Kuwaiti oil tanker

Defense Secretary Pete Hegseth and Joint Chiefs of Staff Gen. Dan Caine are holding a news conference on the war with Iran on Tuesday as an Iranian drone hit a Kuwaiti oil tanker off Dubai and the average gas price in the U.S. hit $4 a gallon.  “The Kuwaiti giant crude oil tanker was subjected to a … Read more

Federal ‘God squad’ poised to exempt oil and gas drilling in the Gulf from endangered species rules

A U.S. government panel was due to convene Tuesday for the first time since 1992 to consider exempting oil and gas drilling in the Gulf of Mexico from the Endangered Species Act due to unspecified national security concerns, a move critics say could doom a rare whale species and harm other marine life. Nicknamed the … Read more

Stocks end mixed as crude oil prices rise and stay over $100 a barrel

Stocks end mixed as crude oil prices rise and stay over $100 a barrel – CBS News Watch CBS News Wall Street had a shaky start to the week on Monday, as U.S. stocks ended mixed and crude oil prices stayed above $100 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins to discuss. Source … Read more

The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.

Surging oil prices continue to ripple through the global economy due to the war with Iran. Now, some analysts are saying the worst could still be ahead as the conflict drags on. The concern is that beyond immediate knock-on effects from rising gasoline prices, the war’s disruption could come in waves — ones that will … Read more

Trump says he wants Iran’s oil and travelers frustrated with Congress over shutdown: Morning Rundown

In today’s newsletter: Trump says he wants to take Iran’s oil as the war sends global prices surging. Travelers express frustration with Congress as TSA workers are caught in the shutdown crossfire. And a stunning March Madness finish seals the Men’s Final Four. Here’s what to know today. Trump says he wants Iran’s oil and … Read more

Live Updates: Iran war sends oil prices soaring again as Tehran downplays Trump’s optimism for a deal

President Trump reiterated his stance on Sunday that the U.S. has already achieved regime change in Iran and a deal to end the war could be reached “soon.” Citing the number of Iranian leaders who have been killed in the month-long U.S.-Israeli war against Iran, Mr. Trump said the people now running Iran were “much … Read more

Trump says he has ‘no problem’ with Russian oil tanker bringing relief to Cuba despite blockade

ABOARD AIRFORCE ONE — President Donald Trump on Sunday night said he has “no problem” with a Russian oil tanker off the coast of Cuba delivering relief to the island, which has been brought to its knees by a U.S. oil blockade. “We have a tanker out there. We don’t mind having somebody get a … Read more

Trump says his ‘preference’ would be to ‘take the oil in Iran’

President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the export hub of Kharg Island, which is responsible for more than 90% of Iran’s oil exports. In an interview with the Financial Times, Trump said his “preference would be to take the oil.” “To be … Read more