Rising fuel prices can impact consumers beyond the gas pump. Oil prices have surged more than 40% since the Iran war effectively shut down the Strait of Hormuz. The price hike can impact everything from cargo ships crossing the Pacific to the delivery van pulling up outside your home – and the costs could quickly … Read more
President Trump is temporarily waiving a 100-year-old law to try to ease rising energy costs. He issued a 60-day waiver of the Jones Act, which requires that all goods traveling between U.S. ports be U.S.-built, crewed and flagged. CBS News MoneyWatch reporter Megan Cerullo has more. Source link
How rising fuel prices could impact costs of everyday goods – CBS News Watch CBS News The price of gas and diesel continue to rise as the war with Iran continues. The increased prices could impact the cost of other goods from groceries to airline tickets. Kelly O’Grady explains. Source link
As the war in the Middle East drives up energy prices, Americans are feeling the pinch at the gas pump. With elevated prices likely to stick around in the near future, experts say there are some practical steps drivers can take to stretch their fuel a little farther. Gas prices hit $3.72 per gallon on Monday, an … Read more
Americans remain concerned about rising prices and conflict abroad as the Iran war enters its third week. Political strategists Kevin Sheridan and Hyma Moore join CBS News with their take on the latest moves by the Trump administration. Source link
Jet fuel prices are rising as the war in the Middle East disrupts global oil supplies, putting cost pressure on airlines as the busy summer travel season approaches. Experts say it’s not a question of if airfares will go up, but when, for how long and by how much. The impact may be felt most … Read more
NEWYou can now listen to Fox News articles! ROCKY MOUNT, N.C. — Vice President JD Vance traveled to North Carolina and hosted an event Friday to tout the economy, advocate for Republicans to win elections in the Tar Heel State, and touch on the situation in Iran. Vance was also joined by former RNC chairman … Read more
The cost of taking a flight in the U.S. is starting to take off because of rising oil prices stemming from the Iran war, which has already sharply boosted the cost of driving a car. A recent analysis of U.S. airline ticket prices by Deutsche Bank analysts found that average domestic airfares for travelers booking flights later this … Read more
NEWYou can now listen to Fox News articles! A pair of shootings on Thursday, one involving a suspect linked to ISIS, has Republicans sounding the alarm to reopen the Department of Homeland Security (DHS), while Democrats dig further into their position. Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus again blocked a full-year funding … Read more
How rising diesel price may affect inflation amid Iran war – CBS News Watch CBS News For American drivers, the cost of the war with Iran is already showing up at the pump. But there’s a bigger warning light flashing for the economy: diesel. Kelly O’Grady explains. Source link