prices

Dow plunges more than 1,000 points as surging oil prices renew inflation fears

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Stocks plunged Thursday, with the Dow Jones Industrial Average tumbling more than 1,000 points as oil prices jumped amid the war with Iran. Higher energy prices are sparking concerns on Wall Street that they could reignite U.S. inflation. The Dow tumbled 1,014 points, or 2.1%, as of 2:14 p.m. Eastern time. The broad-based S&P 500 … Read more

Stocks slide and oil prices climb as Iran says it could counter ground invasion

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U.S. stocks slid Thursday and the price of oil continued to climb amid ongoing conflict in the Middle East. After a relatively calm trading session on Wednesday, the price of U.S. crude oil shot higher by more than 7% on Thursday. The international oil benchmark also popped nearly 4%. Stocks resumed a sell-off that started … Read more

Gas prices are up 26 cents since last week. Here’s how much Americans around the U.S. are paying.

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The Iran war continues to push up prices at the pump, with U.S. consumers now paying about 26 cents more per gallon to fuel their cars than a week ago, according to new data from GasBuddy. As of Thursday morning, the average gasoline price was $3.246 per gallon, the highest level since April 2025. The … Read more

Asian shares jump after US stocks rebound as oil prices stop spiking

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BANGKOK — Shares opened sharply higher in Asia on Thursday after a rebound on Wall Street, as South Korea’s Kospi took back the 12% it had shed a day earlier. In Tokyo, the Nikkei 225 jumped 4.3%, to 56,600.44. The Kospi was at 5,702.02 and trading was suspended after the benchmark shot up shortly after … Read more

Rising energy prices from the Iran war could help Russia pay for fighting in Ukraine

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FRANKFURT, Germany — FRANKFURT, Germany (AP) — The Iran war’s disruption of Middle East oil and gas supplies and soaring prices are strengthening Russia’s ability to profit from its energy exports, a pillar of the Kremlin’s budget and a key to paying for its own war in Ukraine. Prices for Russia’s oil exports have risen … Read more

Iran strikes risk more voter frustration on the economy with rising gas prices

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Barely a week after President Donald Trump hailed falling gas prices as one of his economic triumphs, his actions are sending the cost per gallon back up. The war Trump launched with strikes on Iran has spread across the Middle East, where more than a quarter of the world’s oil is produced. Gas prices spiked … Read more

Gas prices across the U.S. jump 11 cents per gallon, AAA says

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Gas prices across the U.S. jumped 11 cents overnight as the war with Iran continued to spread, pushing up the average cost nationwide to $3.11 per gallon, according to AAA. The increase has pushed fuel prices to their highest level in more than three months, with the average cost of gas last at $3.11 on Dec. … Read more

How the war in Iran could impact gas prices at home

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IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT U.S. military: Kuwait mistakenly shot down three jets 00:20 Commercial plane seen taking off amid Beirut explosions 00:23 More than 100 killed in strike on an Iranian school 01:23 Off-duty N.Y.C. police officer saves man from burning car … Read more