Topic
energy prices
60 stories related to this topic, newest first.
politics7 hrs ago
Poll Finds 79 Percent of Americans Expect Long U.S.-Iran Conflict, 37 Percent Approve Strikes
A Reuters/Ipsos survey completed Sunday showed most respondents anticipate prolonged U.S. military involvement in Iran. The poll coincided with President Trump's announcement reinstating a blockade of Iranian shipping in the Gulf.
thehindu.comfinance19 hrs ago
India's June Inflation at 5.32%, Above 4.3% Forecast, as Transport Costs Rise
India's headline inflation for June topped economists' expectations of a 4.30% increase. Higher food and transport prices added pressure amid resumed Iran-U.S. tensions and monsoon shortfalls, Cnbc reported.
benzinga.comai1 day ago
Global Growth Forecast Cut to 3 Percent for 2026
An international organization lowered its projection for worldwide economic expansion to 3 percent this year. The revision marks the second reduction since January, when the figure stood at 3.3 percent.
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investopedia.combusiness3 days ago
US EV sales reach 247226 vehicles in Q2 2026
Cox Automotive data showed a rebound in electric vehicle purchases amid higher gasoline prices. Tesla maintained its dominant position while several legacy automakers recorded sharp declines.
abcnews.go.compolitics3 days ago
President Trump praises Philadelphia-area gas station for cutting price to $3.47
President Trump praised a Philadelphia-area retailer for lowering its gasoline price to $3.47 per gallon. The price is about 50 cents below the state average.
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AP Newspolitics5 days ago
White House Spotlights Philadelphia Gas Station Selling Fuel at $3.47 per Gallon; Company Is Private and Unsubsidized
The White House announced Tuesday that the first Freedom Fuel station opened in Philadelphia offering gasoline below the national average. The private network operates 25 locations across New Jersey and Pennsylvania without government involvement or subsidies.
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The Hillpolitics5 days ago
Poll finds 95 percent of U.S. adults see affordability crisis
A Harris Poll survey released Wednesday found that 95 percent of U.S. adults believe the country faces an affordability crisis. The poll also recorded a 20-percentage-point rise in the share saying the economy is getting worse.
Fortunefinance5 days ago
IMF Projects 3 Percent Global Growth for 2026 After Energy Shock
The International Monetary Fund cut its 2026 global growth projection to 3 percent from the 3.1 percent April estimate. The revision reflects higher energy prices after Iran closed the Strait of Hormuz in February. Growth is projected to rise to 3.4 percent in 2027.
investopedia.comfinance5 days ago
Used EV wholesale prices rose 12% in June
The Manheim Used Vehicle Value Index for electric vehicles increased 12% in June compared with the same month last year. Non-electric vehicle prices rose 1.7% over the same period. Retail used EV sales reached 42,923 units in May.
zerohedge.comfinance6 days ago
Markets Fall as Chip Stocks Drop and Oil Prices Rise
Major U.S. indexes declined as semiconductor shares fell and energy prices climbed. Traders also reacted to reports of an attack on a tanker near the Strait of Hormuz.
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sportsnet.cabusiness6 days ago
Jet fuel prices fall 40 percent since April peak while ticket prices stay elevated
Airlines raised fares after jet fuel prices doubled earlier this year. Fuel costs have since dropped sharply, but carriers have not lowered ticket prices.
The Hillfinance6 days ago
Pundit tells Americans to buy stocks
Conservative commentator Bill O'Reilly advised Americans to enter the stock market and stop complaining about prices. He cited his own portfolio gains and 4 percent inflation during a Monday broadcast.
Yonhappolitics8 days ago
South Korean Prosecutors Indict HD Hyundai Oilbank in 26 Trillion Won Price Case
Seoul Central District Prosecutors indicted HD Hyundai Oilbank Co. and two officials Monday for colluding on petroleum price increases after the U.S.-Iran war. The direct collusion with SK Energy was valued at 14.2 trillion won, with a total market impact of 26 trillion won inclu…
finance10 days agoUpdated
Justice Department Urges State Probes Into Gasoline Price Practices
Federal agencies sent a letter to state attorneys general asking them to examine whether oil companies are keeping pump prices high. The letter cites recent crude price drops and existing antitrust statutes.
retailtimes.co.ukworld10 days ago
UK charging network cuts ultra-rapid EV rates 25 percent for summer
Motor Fuel Group will lower its public ultra-rapid charging price to 59p per kWh from July 1 to September 30, 2026. The 25 percent discount applies across more than 2,000 bays at nearly 600 sites.
teslarati.comfinance11 days ago
Tesla Deliveries Rise 25 Percent in Second Quarter
The company recorded stronger sales in Europe and China that offset weaker U.S. results after federal EV tax credits ended. Overall deliveries increased 25 percent compared with the same period last year.
news.sky.comworld12 days ago
UK Diesel Prices Record Largest Monthly Drop Since 2000
Diesel prices in the UK fell more than 16 pence per litre in June, the largest monthly decline in over 25 years. The drop followed lower oil prices after a US-Iran peace deal allowed more tankers through the Strait of Hormuz.
morningstar.co.ukfinance12 days ago
Eurozone June Inflation Forecast at 3.0% Annual Rate
Economists expect the Eurozone headline inflation rate for June to fall to 3.0% from 3.2% in May. The core rate is projected to remain at 2.6%. Data are scheduled for release on Wednesday.
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channel4.compolitics13 days ago
UK Energy Price Cap Rises 13 Percent to £1,862 per Year
Ofgem increased the energy price cap by £221 starting July 2026. Households without smart meters are advised to submit readings before the change takes effect.
The Sydney Morning Heraldfinance13 days ago
U.S. Stocks Trim June Losses as S&P 500 Rises 0.8 Percent
U.S. equity indexes posted gains on Tuesday while futures pointed to a modest advance for the Australian sharemarket. The S&P 500 rose 0.8 percent, the Dow Jones gained 140 points, and the Nasdaq composite climbed 1.4 percent.
The Guardianpolitics13 days ago
Treasury secretary urges oil and gas companies to cut prices
The treasury secretary called on retailers to lower gasoline prices during a Fox News interview. The statement followed a social media post from the president that cited current oil prices near $68 a barrel.
theiranproject.compolitics13 days ago
U.S. and Iran Send Delegations to Qatar After Conflicting Statements on Talks
President Trump posted that Iran requested a meeting in Doha. Iranian officials said no high-level talks are scheduled and described the trip as technical discussions on a ceasefire and asset release.
Al Jazeerapolitics14 days ago
President directs retailers to cut gasoline prices immediately
The president posted on social media ordering fuel retailers to lower prices at once and warning of unspecified problems if they do not comply. The directive follows recent increases in U.S. pump prices linked to the conflict with Iran.
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axios.comworld14 days ago
U.S. Average Gas Price Falls to $3.86 per Gallon
Nationwide gasoline prices declined to an average of $3.86 per gallon as of Monday. The drop follows reduced flows through the Strait of Hormuz after recent hostilities between the U.S. and Iran.
winnipegfreepress.compolitics15 days ago
Gasoline prices fall in one U.S. district after oil drops following U.S.-Iran ceasefire
Gasoline prices declined rapidly in one Federal Reserve district after oil prices fell following a recent ceasefire agreement between the U.S. and Iran. The district's central bank chief noted the price movement.
sbs.com.auworld15 days ago
UK Energy Price Cap Rises 13 Percent from July 1
Average household energy bills will increase by £221 a year starting Wednesday. The price cap will reach £1,862 annually after the 13 percent adjustment.
channel4.comfinance15 days ago
Great Britain energy price cap rises 13% from 1 July
The quarterly cap on gas and electricity charges will increase to the equivalent of £1,862 a year for an average household. Unpaid energy bills reached a record £4.8bn last week.
New York Postworld16 days ago
California Power Rates and Colorado River Water Levels Both Face Pressure
Pacific Gas & Electric customers may see annual rate increases of several hundred dollars. Lake Powell sits at 23 percent capacity after a dry winter, prompting conservation proposals among three states.
redir.folha.com.brworld17 days ago
U.S. Airlines Report 78% Fuel Cost Increase in April 2026 Following Strait of Hormuz Disruptions
Aviation fuel costs for U.S. carriers rose 78 percent in April 2026 amid Strait of Hormuz disruptions. Airlines cut routes, raised fares, and added fees while demand remained strong.
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pbs.orgworld17 days ago
Airfares Stay Elevated After Jet Fuel Prices Drop
Domestic airfares booked for late June through August are 15 percent higher than last year. Jet fuel prices have fallen more than 40 percent from February peaks, yet ticket prices have not followed.
The Independentfinance18 days ago
Scottish GDP Growth Forecast Revised Upward to 1.0 Percent for 2026
The Fraser of Allander Institute raised its Scottish GDP growth forecast from 0.9 percent to 1.0 percent after stronger-than-expected performance in early 2026. Labour market data showed employment declining and both unemployment and economic inactivity rising in the first quarte…
forbes.comfinance18 days agoUpdated
U.S. Personal Consumption Expenditures Index Rose 4.1% in May
The Personal Consumption Expenditures index rose 4.1% in May, matching forecasts and marking the highest annual rate since April 2023. Core PCE increased 3.4%, while real consumer spending and incomes both rose 0.3% from April.
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riotimesonline.comfinance18 days ago
U.S. Inflation Measure Rose in May as Energy Prices Increased
A closely watched inflation gauge increased in May after energy prices rose amid conflict in the Middle East. The report showed higher costs for gasoline and other fuels.
The Independentbusiness18 days ago
UK Petrol at 152.9p, Diesel at 170.5p as Oil Falls Below $73
Average UK pump prices remain above pre-conflict levels even as Brent crude dropped to $72.24 a barrel. The AA said the gap is about 20p for petrol and 28p for diesel.
inquisitr.comfinance18 days ago
President Trump Names Exxon, Chevron, Shell, and BP in Fuel Price Probe
President Trump identified four major oil companies as part of a federal investigation into high gasoline prices. The U.S. national average stood at $3.928 per gallon as of Wednesday.
The Independentpolitics19 days ago
U.S. Gasoline Prices Fall 49 Cents a Gallon in Past Month
Average U.S. gasoline prices dropped 49 cents per gallon over the past month after an interim agreement between the U.S. and Iran. The decline has not matched the 27 percent drop in crude oil prices during the same period.
techjuice.pkfinance19 days ago
Conflict With Iran Adds $100 Billion Cost to U.S. Households
Moody’s estimates the conflict has cost American households about $100 billion through higher government spending and energy prices. The total includes added military outlays and increased fuel and transportation expenses.
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nationalpost.compolitics19 days ago
Trump directs Justice Department to review oil company pricing after Iran war ends
President Trump posted on Truth Social that oil companies are not passing along lower crude prices to drivers and ordered the Justice Department to investigate. National average gasoline prices stood at $3.93 per gallon on Tuesday, down from $4.52 a month earlier.
middleeasteye.netfinance19 days ago
Pentagon Requests Additional $80 Billion for Iran Conflict Costs
The Department of Defense told senators Monday it needs $80 billion more to cover U.S. involvement. Cumulative costs have reached at least $132 billion, with long-term estimates exceeding $1 trillion.
riotimesonline.comfinance20 days ago
Gold Closes at 4,119.55 Down 1.72 Percent on June 22
Gold fell 1.72 percent to 4,119.55 and silver dropped 3.71 percent to 62.61 on June 22. The declines followed a U.S. license allowing Iran to sell oil and firmer rate expectations that strengthened the dollar.
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thestreet.comfinance20 days ago
Electricity Retailers Raise Supply Charges After Default Offer Cut
Some Australian households received notices of higher daily supply charges and lower solar export payments even as the Australian Energy Regulator reduced default market offers up to 10 percent from July. Retailers attribute the shifts to rebalancing fixed and usage charges, whil…
thenation.compolitics21 days ago
IMF Africa Director Says Iran War Fallout Creates Difficult Moment for Region
The IMF's Africa director stated that the economic effects of the Iran war are creating a difficult moment for the region. He said Gulf energy production would take months to return to normal levels despite a current ceasefire.
manilatimes.netbusiness24 days ago
Bank of America Card Data Shows Lower-Income Spending Rising While Upper-Income Spending Holds Steady
Lower-income households increased spending on goods and services excluding gas in the past week while wealthier households held steady. Oil prices fell from over $113 to $79 a barrel after the U.S. and Iran agreed to end military conflict.
koreaherald.compolitics24 days ago
South Korea President Lee Jae Myung Calls Inflation Most Urgent Policy Challenge
Lee directed officials to craft extraordinary measures after consumer prices rose 3.1 percent in May, the fastest pace in 26 months. The meeting occurred at Cheong Wa Dae on June 19, 2026.
Fox Newspolitics26 days ago
Former Vice President Harris Comments on Potential Iran Deal
Former Vice President Kamala Harris said at a climate summit that a preliminary U.S.-Iran agreement amounts to a war of choice and predicted it would affect Republican performance in the November midterm elections. She linked the deal to higher gas prices and said voters would re…
naturalnews.comfinance26 days ago
China Gasoline Car Sales Fell 22% in May Amid Rising Fuel Prices
Chinese passenger car sales fell more than 22% in May. Discounts on gasoline vehicles nearly doubled in the first five months of the year as fuel prices rose.
Rapplerworld26 days ago
Aeta families in Tarlac face higher fuel costs after Middle East disruptions
Higher gasoline and diesel prices have increased transportation costs for vendors in Kalangitan, reducing daily earnings. Attendance at the Aeta Learning Center has declined as residents prioritize work over classes.
winnipegfreepress.comworld27 days ago
Republicans link potential Iran deal to lower gasoline prices
Republican lawmakers expressed hope that renewed talks with Iran could ease pressure on U.S. fuel costs. Analysts cited in the coverage note that any price relief may arrive after recent market shifts have already occurred.
riotimesonline.comfinance28 days ago
Central Bank Signals Further Rate Increases
Officials said inflation remains elevated and left open the option of additional tightening. They noted incoming data aligns with prior forecasts and cited high oil prices as a factor.
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The Independentpolitics28 days ago
Oil prices fall after U.S.-Iran provisional deal opens Strait of Hormuz
Oil prices dropped following a provisional peace agreement between the United States and Iran that would reopen the Strait of Hormuz. The deal follows three months of disrupted shipping that raised U.S. gasoline prices above $4 per gallon.
dw.comfinance28 days ago
U.S.-Iran Deal Eases Oil Prices, Lifts Global Stocks
World stock indexes rose after the United States and Iran reached a tentative agreement to extend a ceasefire and reopen the Strait of Hormuz. Oil prices fell 4.8 percent while Australian share futures pointed lower ahead of the Reserve Bank decision.
The Hillscience28 days ago
Trump approval among rural Americans at 50 percent in June poll
A Reuters/Ipsos survey conducted June 3-8 shows 50 percent of rural respondents approve of President Trump, down from 60 percent in February 2025. Disapproval rose to 48 percent over the same period.
thehindu.comworld29 days ago
Vice President Says Patience with Higher Gas Prices Helped Reach Iran Peace Deal
Vice President JD Vance thanked Americans for enduring elevated gasoline prices during the conflict with Iran. The comments followed announcements of a peace agreement reached through talks involving President Trump.
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rte.iefinance30 days agoUpdated
U.S. Consumer Prices Rose 4.2% Year-Over-Year in May
The annual inflation rate reached its highest level in three years as energy costs drove the increase. Federal data showed a 0.5% monthly rise in consumer prices.
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prnewswire.combusiness32 days ago
Americans Adjust Summer Travel Plans as Gas Prices Rise but Domestic Trips Continue
Groups and families are shortening summer trips or choosing domestic routes as fuel costs reshape plans. Surveys show continued travel interest but with tighter budgets and closer destinations.
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investopedia.comfinance35 days ago
Airline Industry Net Profit Forecast Falls to $23 Billion
The International Air Transport Association projects airline net profit will fall to $23 billion this year from $45 billion in 2025. Higher fuel costs linked to the Iran conflict account for most of the decline.
rediff.comfinance35 days ago
British Airways Chief Executive Says Higher Jet Fuel Prices Will Raise Airfares
British Airways chief executive Sean Doyle stated that sustained high fuel costs will require the airline to increase ticket prices. Jet fuel now costs $1,710 per metric tonne, more than double last year's price. The Strait of Hormuz, which supplies about 40 percent of Europe's j…
thehindubusinessline.comworld36 days ago
U.S. Households Spent $750 More on Average After 100 Days of Iran Conflict
Energy and food prices rose after U.S. and Israeli strikes on Iran began February 28. Average regular gasoline reached $4.22 per gallon on June 6, up from $2.98 before the strikes.
foxnews.comworld37 days ago
U.S. Recreational Boaters Face Higher Fuel Costs Ahead of Summer Season
Gasoline and diesel prices remain elevated compared with last year, prompting some boat owners to shorten trips or alter plans. Industry groups report that most boaters still intend to use their vessels this season.
Washington Examinerpolitics37 days ago
Trump Approval Rating Hits 35% as Gas Prices Fall and Markets Hit Records
The Economist’s polling tracker shows President Trump 25 points underwater, the lowest at this stage since 2009. Gasoline prices eased for a second week while Congress moved to restrict war powers.