WATCH: Trump's Energy chief reveals what escalating Iran tensions could mean for gas prices

The tenuous state of a US-Iran ceasefire renews anxiety over high fuel prices

The potential unraveling of a fragile truce between Iran and the United States has renewed anxiety over fuel prices

Trump voters say costs are crushing their wallets — but look past president for blame

Trump rally attendees say rising gas prices are linked to the Iran conflict, not Trump's policies, and express confidence costs will decline soon.

Trump Gets Big Midterm Warning in Devastating Survey

Evelyn Hockstein / REUTERSPresident Donald Trump is facing a fresh warning ahead of the midterms, as a new survey shows that rising gas prices are hitting American households hard.A survey released by Gallup found that roughly two-thirds of U.S. adults say higher fuel costs have negatively affected their household finances. The poll, conducted among 1,001 adults between June 1 and June 15, comes as energy markets continue to react to geopolitical instability in the Middle East.Gasoline prices have climbed significantly since the war in Iran began, with average prices exceeding 5 a gallon in seven states. Oil prices have risen by approximately 35 percent, contributing to broader increases in energy costs. Read more at The Daily Beast.

Trump says gas prices coming down fast

President Donald Trump on Monday touted falling gasoline prices and declining crude oil costs, saying the trend reflects the success of his administration’s policies following the U.S.-led effort to eliminate Iran’s nuclear capabilities. “GAS PRICES COMING DOWN, FAST!” Trump wrote Monday morning on Truth Social. “REPORT ANY ABUSES AT RETAIL LEVEL!!!” In a second post, []...Click to read more

Trump siasat syarikat minyak susulan harga petrol masih tinggi

WASHINGTON: Presiden Amerika Syarikat (AS), Donald Trump, mengarahkan siasatan terhadap syarikat minyak utama berhubung dakwaan harga petrol yang tinggi, ketika beliau berdepan tekanan politik susulan kesan konflik di Asia Barat. Harga petroleum global melonjak selepas Iran menyekat aliran minyak melalui Selat Hormuz sebagai tindak balas terhadap serangan AS-Israel pada Februari. “Syarikat Minyak besar tidak menurunkan ... Read more The post Trump siasat syarikat minyak susulan harga petrol masih tinggi appeared first on Utusan Malaysia.

Global markets trade mixed amid Middle East tensions ahead of Fed’s meeting minutes

Renewed tensions with US strikes on Iranian targets drive up crude oil prices, threatening inflation outlook and giving rise to Fed rate hike expectations

Oil prices are low. Why not gasoline?

{beacon} Energy Environment Energy Environment The Big Story Why are gas prices still so high? Oil is nearing its pre-war price after the U.S. and Iran agreed to a memorandum of understanding (MOU) intended to end the conflict, but gasoline remains significantly elevated. © Nam Y. Huh/AP While President Trump has blamed...

Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire

Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire

Nifty may lose 200 points at open, as global markets come under pressure

Escalation in US-Iran tension add fuel to fire while focus will be on TCS

Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share?

The four month Iran war severely disrupted global energy markets after Tehran restricted shipping through the Strait of Hormuz following U.S. and Israeli military strikes. At the height of the conflict, around 14 million barrels of oil per day were removed from global supply, triggering fears of a prolonged energy crisis and sending Brent crude [] The post Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share? appeared first on Modern Diplomacy.

IEA: Iran-Related Energy Crisis Will Accelerate Global Electrification

The ongoing Iran-related energy crisis is expected to drive global electrification efforts, as countries seek to enhance domestic energy security and protect their economies from fossil fuel price volatility, Reuters reported, citing the Head of the International Energy Agency (IEA) Fatih Birol. The Iran-related energy crisis stems from the 2026 conflict between Iran, the US, [] The post IEA: Iran-Related Energy Crisis Will Accelerate Global Electrification first appeared on Egypt Oil Gas.

Trump's Energy Win: Oil Under $80 Despite Iran Conflict

Trump's Energy Win: Oil Under $80 Despite Iran Conflict

Oil Prices Climb As Renewed US-Iran Tensions Raise Supply Concerns

Escalating hostilities between the US and Iran fuel concerns over oil supplies through the Strait of Hormuz.

Trump's Iran war: A $40 billion catastrophe that hurts Americans most

TEHRAN- When Donald Trump last week declared victory in his war against Iran, he painted a picture of American triumph. OIL IS FLOWING, IRAN CAN NEVER HAVE A NUCLEAR WEAPON... PRICES ARE DROPPING, he boasted on social media. But a comprehensive CNN analysis of the 100-day conflict reveals a devastating reality that the President's all-caps pronouncements cannot obscure: this was a war that bankrupted American taxpayers, emptied the nation's strategic reserves, and inflicted economic pain on ordinary families—all while killing more than 7,500 civilians in the region.

Trump touts falling gas prices as lawmakers pass war powers resolution

President Trump touted falling oil and gas prices from the preliminary peace deal with Iran in a midterm campaign swing in Pennsylvania. Plus, the Senate passed a symbolic resolution directing the President to end the war. NBC News’ Garrett Haake reports.

Wall Street Set For Iran Jolt: Nasdaq Futures Crash Over 1%, S&P 500 Futures, Dow In Red

Trump's remarks on Iran rattle global markets as oil surges and investors flee risk assets.

Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops

Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops

'Too high:' Trump warns retailers to cut gas prices amid crude oil price drop

President Donald Trump urges gas retailers to lower prices, warns of consequences as oil costs fall and tensions with Iran drive volatility. Read more: https://www.usatoday.com/story/news/politics/2026/06/24/trump-doj-investigation-gas-prices/90673502007/ Sign up for our newsletter for the day's top stories, from sports to movies to politics to world events: https://profile.usatoday.com/newsletters/daily-briefing/

High pump prices of gasoline angers Trump as he instructs Justice Department to probe oil companies

Washington D.C. [US], June 24, (ANI): US President Donald Trump expressed his anger over US oil companies not bringing down the pump prices of gasoline despite paying a lower price for the oil.In a Truth Social post, Trump said that customers are being 'gouged' and that prices should start going down a lot faster than what he is seeing. Trump added that he has given instructions to the Department of Justice (DoJ

JUST IN: 🇺🇸🇮🇷 IEA says US-Iran war restarting could trigger another global oil shortage.

JUST IN: IEA says US-Iran war restarting could trigger another global oil shortage.@BRICSNews

The road back to $3 gas could be long. Here's what's keeping gasoline prices high, explained

US gasoline prices are falling after the Iran peace deal, but 3 gas may not return soon. Here's why fuel prices remain high, explained.

Oil off its highs but risks return

Oil prices came under significant pressure following the temporary deal between the US and Iran. But the recent flare-up in hostilities poses risks. The key factors for the outlook remain the sustainability of the Persian Gulf supply recovery and how soon Chinese buying returns to the market

With US sanctions temporarily lifted, is Iranian crude back on the menu?

The US-Iran deal waives sanctions on Iranian oil sales, but Washington will need further steps to meaningfully shift global crude trade and ensure clearer visibility into Iranian oil transactions. The post With US sanctions temporarily lifted, is Iranian crude back on the menu? appeared first on Atlantic Council.

Iran: U.S. sanctions against its oil exports discussed at Swiss talks

Iran: U.S. sanctions against its oil exports discussed at Swiss talks

What We’re Reading: Iran’s Delinquency, Platner Self Destructs, Dems Keep Moving Farther Left … And More

Some headlines, issues and news that caught our eye. Fool Around, Find Out: After Hormuz Attack, Iran Can’t Sell Oil Trump says there will either be a deal with Iran or US will ‘finish the job’ — Reuters, via Yahoo News Qatar blames Iran for strike on tanker in strait as crowds mourn Khamenei — []

Fuel price volatility far from over as Middle East crisis deepens – COMAC CEO

Renewed tensions between the United States and Iran after the collapse of peace efforts are keeping Ghana’s fuel market on edge, with uncertainty in the Middle East continuing to threaten price stability, according to the CEO of COMAC, Dr Riverson Oppong.

US to probe petrol price gouging claims, Trump says

The president's remarks come as global oil prices have fallen but remain higher than before the US-Israel war with Iran.

Eni Warns Prolonged Iran Conflict Could Push Oil Prices to $100 by 2027

The chief executive of Italian energy major Eni has warned that a prolonged conflict involving Iran could drive global oil prices toward 100 per barrel by early 2027, raising the risk of a renewed wave of inflation and weakening global energy demand.

Oil and gas prices jump as Iran tensions flare again

Oil and gas prices jump as Iran tensions flare again

Middle East tensions threaten to push oil prices beyond current range, Eni CEO says

Milan, July 11 (SANA) Continued tensions in the Middle East could push global oil prices beyond their current range of 80 to 100 per barrel by the first quarter of 2027, Eni CEO Claudio Descalzi said, warning that prolonged regional conflicts are increasing pressure on energy markets. Speaking to Reuters on Saturday, Descalzi said withdrawals []

China’s hydrogen push outstrips Japan’s in new fuel race

The oil price surge from the US-Iran crisis gives fresh impetus to efforts to boost domestic energy supply.