prices

Oil prices surge after attacks on energy sites

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IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Second graders offer heartwarming marriage advice to their teacher  01:27 One dead after gondola crash at Swiss ski resort 01:16 U.S. college student goes missing in Spain 01:27 Potentially record-setting heat wave scorches western United States 01:46 Women … Read more

Oil prices surge after attacks on energy sites

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IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Oil prices surge after attacks on energy sites 02:43 UP NEXT One dead after gondola crash at Swiss ski resort 01:16 U.S. college student goes missing in Spain 01:27 Potentially record-setting heat wave scorches western United States 01:46 … Read more

Voters in a key Pennsylvania swing district weigh in on Trump, gas prices and Iran war

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Many voters in Millersburg said they supported Trump on the war. “I think we got to do what we got to do to keep this country safe, so and if it means paying a little bit more in gas right now to keep everybody safe, then that’s what we got to do, and eventually they’ll … Read more

Fed likely to keep rates on hold as it confronts new inflation threat: Soaring gas prices

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The Federal Reserve’s decision on interest rates Wednesday is all but a foregone conclusion. Traders overwhelmingly expect it to keep rates on hold, a scenario that’s likely to persist for the rest of the year. Instead, it’s how Chair Jerome Powell and policymakers decide to respond to the growing Middle East oil crisis that will … Read more

Trump waives Jones Act for 60 days in effort to ease energy prices

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President Trump on Wednesday issued a 60-day waiver of the Jones Act, a move aimed at lowering energy prices by letting foreign ships move fuel between U.S. ports. The 100-year-old law requires goods shipped between American ports to be carried on ships that are U.S.-built, -flagged and -crewed, and also limits the number of tankers … Read more

The U.S. is the world’s leading oil producer. So why are gas prices soaring?

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Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the world’s largest oil producer. Why? After all, as of 2023 (the latest data available), the U.S. churned out roughly 13 million barrels of crude a day, according to the Energy Information Administration (EIA). That compares with roughly 10 … Read more

Oil, gas prices jump as Trump flirts with striking Iranian oil infrastructure

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NEWYou can now listen to Fox News articles! President Donald Trump’s suggestion that Iranian oil infrastructure could be a U.S. target sent oil and gasoline prices higher on Monday, as traders weighed the risk of a deeper confrontation that could further exacerbate global energy supplies. On Friday, Trump ordered strikes on military assets on Iran’s … Read more