U.S. gas prices hit highest level since start of Iran war – CBS News Watch CBS News Gas prices have surged to their highest level since the start of the U.S.-Israeli war with Iran. CBS News MoneyWatch correspondent Kelly O’Grady has the details. Source link
The average cost for a gallon of gasoline hit $4.18 on Tuesday, according to AAA, the highest level since the war in the Middle East began. Gasoline prices, which have risen by $1.20 a gallon since the war started on Feb. 28, climbed nearly 7 cents overnight, according to AAA. The latest increase follows a brief … Read more
The Secretary-General of the Iranian-backed group Hezbollah in Lebanon, Sheikh Naim Qassem, said in a statement Monday that the group’s leadership “categorically reject direct negotiations” that the U.S. has been brokering between Israel and Lebanon’s government. “Those in the position of authority must know that their actions will not benefit Lebanon nor themselves. What the … Read more
Airlines worldwide are taking extraordinary measures to keep flying and in business as they face soaring costs, much of it driven by the conflict with Iran. Ian Lee reports from Burbank, California. Source link
It’s not just Spirit Airlines struggling with rising fuel costs. All of the “big four” carriers, such as American, Delta, United and Southwest, reported a strong first quarter. But most of their gains were offset by the price of fueling their planes. Al Root, an associate editor at Barron’s, joins “The Daily Report” to discuss. … Read more
JetBlue has been accused in a lawsuit of collecting customers’ personal data without their consent and using it to set ticket prices. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Andrew Phillips, who lives in New York City, said in the complaint that he was “entirely unaware that … Read more
Food prices could rise more amid the Iran war. Here’s how to cut costs on groceries. – CBS News Watch CBS News Food prices have jumped nearly 20% since 2022 and as the Iran war continues, they could rise even more. Kelly O’Grady explains how you can cut costs and stay on budget. Source link
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 01:57 Trump says gas prices may be high ‘for a little while’ 00:0000:00 Source link
As many Americans plan their summer vacations, airfares are taking off. Airline ticket prices have jumped because of higher oil and jet fuel costs stemming from the Iran war. With prices likely to stay elevated, aviation experts urged consumers to move quickly to lock in their travel plans. “If you haven’t booked for this summer, get … Read more
Washington — Chevron’s chief executive predicted travelers could see airline fares rise and fewer flights available in the coming weeks, as the standoff with Iran over the Strait of Hormuz continues to rattle global markets and drive up the price of fuel. “We’ve seen some upward pressure on gasoline prices now. I think aviation is … Read more