The Trump administration is prepared to waive the Jones Act to loosen shipping rules as the Iran war continues, the White House said Thursday. The 100-year-old statute requires goods shipped between U.S. ports to be carried on ships that are U.S.-built, U.S.-flagged and U.S.-crewed, and it limits the number of tankers domestic shippers can use. … Read more
NEWYou can now listen to Fox News articles! Cheap Iranian drone attacks are forcing the Pentagon to rapidly expand layered air defenses in the Middle East, as thousands of U.S. troops stationed across the region face an escalating aerial threat that is testing the limits of traditional missile defenses. The United Arab Emirates (UAE) said … Read more
Trump says rising oil prices are “just a matter of war” and will come down – CBS News Watch CBS News President Trump is working to quell fears about the war with Iran might affect the economy, predicting that increased oil prices will soon be coming down. Nancy Cordes has details. Source link
NEWYou can now listen to Fox News articles! While California Democratic Gov. Gavin Newsom blames President Donald Trump’s actions in Iran for the price of gas, critics are calling him out for “insane” climate policies as the state’s prices at the pump soar significantly above the national average. On Tuesday, Newsom, who is widely considered … Read more
The war with Iran continues to impact energy prices globally with Americans seeing another rise on prices at the pump. Patrick De Haan, head of petroleum analysis for Gas Buddy, joins CBS News to discuss. Source link
IE 11 is not supported. For an optimal experience visit our site on another browser. Georgia Race to Replace Marjorie Taylor Greene Heads to Runoff 01:35 Now Playing Trump Faces Concerns Over Iran War Plan and Rising Gas Prices 02:13 UP NEXT US Says It Hit 16 Iranian Mine-Laying Ships Near Strait of Hormuz 02:27 … Read more
As consumers cope with lingering cost-of-living pressures and the potential impact of tariffs, CBS News is tracking the change in prices of everyday household expenses — from food to utilities and rent. Use the tool below to explore price changes in dozens of items across different categories. About the data The categories in this tracker … Read more
NEWYou can now listen to Fox News articles! One of the Democratic Party’s newest rising stars, James Talarico, is being mocked for a “creepy” comment he made about children who identify as transgender in an unearthed podcast episode. Talarico, a Texas state representative, is the Democratic Party’s nominee for the U.S. Senate. Since beating Rep. … Read more
Americans react to rising gas prices: “Very frustrating” – CBS News Watch CBS News The reality of the war in Iran is showing up at gas stations nationwide. Jo Ling Kent spoke to consumers at the pump. Source link
NEWYou can now listen to Fox News articles! The new battleground in the Gulf isn’t just on the water — it’s in the insurance market, where war-risk coverage can determine which oil tankers sail and which stay put. With the conflict driving gasoline prices higher, the White House is weighing steps to keep oil flowing … Read more