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

Iran war at a crossroads as rising oil prices and economic uncertainty hit global markets

Iran war at a crossroads as rising oil prices and economic uncertainty hit global markets – CBS News Watch CBS News David Martin reports on how the Iran war is at a crossroads as it enters its second month, with the global impact of rising oil prices and economic uncertainty at center stage. Source link

MAPPED: Where gas prices are rising the fastest from the Iran conflict

NEWYou can now listen to Fox News articles! Gas prices are surging as the ongoing conflict with Iran drives up crude oil costs, fueling higher prices at the pump nationwide. The national average now stands at $3.98 per gallon, up $1 from a month ago, according to AAA. Prices are climbing across nearly every region, … Read more

Netflix raises its subscription prices for the second time in 2 years. Here are the new fees.

Netflix subscribers will have to pay more to watch their favorite TV shows and movies after the streaming platform raised its prices. The price hike, implemented this week, raises the cost of the standard plan with ads by $1 a month and the cost of the standard and premium plans by $2 a month, according … Read more

As fuel prices rise, US lawmakers push to suspend the federal gas tax

WASHINGTON — As the war in Iran pushes U.S. gas prices toward $4 a gallon nationally, some lawmakers are pushing to suspend the federal gasoline tax in the latest attempt to try to control surging energy costs. Lawmakers say the action would provide much-needed relief for families and businesses that rely on their cars and … Read more

Stocks fall, oil prices surge again amid doubts over potential U.S.-Iran talks

U.S. stocks and bonds sold off and oil continued its weeks long upward trajectory Thursday morning, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. Thursday also marks 48 hours until the expiration of President Donald Trump’s 5-day pause on strikes against Iran’s power infrastructure. In a social media post, Trump appeared to … Read more

USPS to add temporary fuel surcharge, raising some postage prices as transportation costs jump

The U.S. Postal Service is temporarily hiking postage prices to account for surging fuel costs caused by the Iran war, the agency announced on Wednesday.  The USPS said it will impose an 8% surcharge on select postage prices, beginning April 26, pending approval by the Postal Regulatory Commission. The extra charge will remain in place through … Read more

Trump administration waives summer gasoline regulations to ease fuel prices

The Trump administration will temporarily lift summer gasoline regulations as prices at the pump near $4 a gallon amid the Iran war.  The emergency fuel waiver allows refiners and retailers to sell E15 gasoline, which is blended with 15% ethanol, over the summer, the U.S. Environmental Protection Agency (EPA) announced Wednesday.  Restrictions on selling E10 gasoline, … Read more

Stocks rally, oil prices fall after U.S. sends Iran a peace plan

U.S. stocks rose Wednesday and global oil prices fell in yet another volatile trading session, as traders and investors were buffeted by constant headlines about the war in Iran. On Tuesday night, reports surfaced that the U.S. had sent Iran a 15-point peace plan, which sparked hopes that the Trump administration was moving to end … Read more