President Trump continues to say the Iran war is “very close to over,” but no new peace talks have been confirmed. Meanwhile, gas prices remain elevated, and while Mr. Trump says they’ll plummet “very soon,” Treasury Secretary Scott Bessent has a different timeline. Weijia Jiang reports. Source link
Spirit Airlines could be in trouble as Iran war spikes fuel prices – CBS News Watch CBS News Sources tell CBS News that Spirit Airlines’ creditors are concerned about the company’s ability to stay afloat amid rising jet fuel prices due to the Iran war. CBS News’ Kris Van Cleave reports. Source link
NEWYou can now listen to Fox News articles! Former Vice President Kamala Harris is blaming President Donald Trump as Americans feel pain at the pump amid high fuel prices. “Here in North Carolina and around the country, gas prices are too high,” Harris wrote in a post on X. “This is a direct result of … Read more
Washington — As fallout from the war with Iran keeps fuel prices high, few states are making moves to suspend their gas and diesel taxes. Tax policy experts say suspending the state and federal motor fuel taxes wouldn’t be as effective in lowering prices at the pump as one might think, and could come at … Read more
President Donald Trump has repeatedly said his deals with drugmakers would bring down prescription drug prices in the U.S. But a report released by Senate Democrats finds prices have continued to climb — in some cases, sharply. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The report — … Read more
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IE 11 is not supported. For an optimal experience visit our site on another browser. Skip to Content news Alerts There are no new alerts at this time 00:27 Bessent ‘optimistic’ about gas prices going into the summer 00:0000:00 Source link
White House anti-fraud task force flags $6.3 billion in potential government fraud White House Anti-Fraud Task Force Vice Chair Andrew Ferguson discusses the task force’s discovery of $6.3 billion in potential fraudulent government contracts, criticizing Democrat governors for allowing widespread fraud and even facilitating it for decades. Ferguson reveals examples of lavish spending by alleged … Read more
As gas prices continue to soar in the U.S. and across the globe amid the war with Iran, Chevron executive Andy Walz suggested Americans could save money by driving less and trying to conserve energy. “People should try to drive less. They should try to conserve energy,” Walz told CBS News when asked how Americans … Read more
Chevron’s stepped-up imports of Venezuelan oil are helping ease fuel prices for U.S. consumers, according to a senior executive with the energy giant. Andrew Walz, Chevron’s president of global refining, told CBS News that the company is running its Pascagoula, Mississippi, refinery around the clock to process crude from Venezuela. Walz said Chevron is moving … Read more