Refining Crisis from Iran War Keeps Diesel and Gasoline Prices Under Pressure
Energy

Refining Crisis from Iran War Keeps Diesel and Gasoline Prices Under Pressure

Crude has retreated from wartime peaks, but fuel cracks, inventories and refining outages point to a prolonged diesel-ga...

Aoife Keane 👁 73 💬 0
U.S. Consumer Sentiment Slides to 51.0 as Conflict-Driven Inflation Fears Return
Economy

U.S. Consumer Sentiment Slides to 51.0 as Conflict-Driven Inflation Fears Return

The University of Michigan index fell from 55.2 to 51.0 in August, reversing two months of gains as households raised ne...

Niamh O'Sullivan 👁 55 💬 0
US Energy Secretary: Iran's Strategy Will Fail and Its Market Leverage Will Shrink
Energy

US Energy Secretary: Iran's Strategy Will Fail and Its Market Leverage Will Shrink

Chris Wright says Iran's disruption strategy is losing, points to 8–9 million barrels daily through Hormuz, and reiterat...

Aoife Keane 👁 48 💬 0
Vance Says Cutting US Gasoline Prices Is Top Priority in Iran War
Energy

Vance Says Cutting US Gasoline Prices Is Top Priority in Iran War

Vice President J.D. Vance says the Trump administration's first goal is keeping oil and gas prices low across America, w...

Aoife Keane 👁 49 💬 0
US Inflation Eases to 3.4% as Fuel Prices Cloud the Fed's Next Move
Economy

US Inflation Eases to 3.4% as Fuel Prices Cloud the Fed's Next Move

July CPI cooled to 3.4% and core inflation slipped to 2.5%, but rising gasoline prices and sticky services costs leave t...

Niamh O'Sullivan 👁 54 💬 0
Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply
Energy

Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply

Brent crude rises to $89.08 and U.S. gasoline hits $4.04 a gallon as fighting in Iran effectively shuts the critical wat...

Aoife Keane 👁 60 💬 0
US, Iran Near Transitional Deal to Reopen Strait of Hormuz, Treasury Says
Energy

US, Iran Near Transitional Deal to Reopen Strait of Hormuz, Treasury Says

Washington and Tehran are closing in on an interim arrangement to reopen the Strait of Hormuz, Treasury Secretary Scott ...

Aoife Keane 👁 36 💬 0
Jones Act Waiver Extension Looms as White House Chases Lower Pump Prices
Energy

Jones Act Waiver Extension Looms as White House Chases Lower Pump Prices

The Trump administration is expected to renew the Jones Act waiver to ease fuel shipping, even as maritime groups and Re...

Aoife Keane 👁 33 💬 0
Trump Calls on Oil Companies to Cut Gasoline Prices, Calls Out Chevron CEO
Energy

Trump Calls on Oil Companies to Cut Gasoline Prices, Calls Out Chevron CEO

President Trump again pressed U.S. oil companies to cut fuel prices immediately, faulting Chevron CEO Mike Wirth for not...

Aoife Keane 👁 31 💬 0
Poll: Only One in Three Americans Back Iran War, Most See Unclear Trump Goals
Politics

Poll: Only One in Three Americans Back Iran War, Most See Unclear Trump Goals

A Reuters/Ipsos poll finds Iran war support at a five-month low, with 69% of Americans — including 4 in 10 Republicans —...

Sinead Brennan 👁 32 💬 0
Gasoline Prices Drop in 23 Russian Regions, Led by Mari El's 9.7% Fall
Personal Finance

Gasoline Prices Drop in 23 Russian Regions, Led by Mari El's 9.7% Fall

Retail fuel costs fell sharply in more than twenty regions of Russia last week, with the steepest decline in the Republi...

Shira Katz 👁 28 💬 0