Chevron says Venezuelan oil imports are helping curb U.S. gas prices
Chevron’s stepped-up imports of Venezuelan oil are helping ease fuel prices for U.S. consumers, according to a senior executive with the energy giant. Andrew Walz, Chevron’s president of global refining,…
Prolonged Strait of Hormuz closure would cause oil prices to surge, experts warn
Traffic through the Strait of Hormuz, the Persian Gulf waterway that serves as a key artery for global oil shipments, has been dramatically curtailed since the Iran war began. The…
Gas prices could top $5 if Strait of Hormuz stays shut, J.P. Morgan says
Gasoline prices in the U.S., which have risen $1.16 a gallon since the start of the Iran war in February, could top $5 a gallon as soon as later this month if the…
California 2026 governor candidates discuss gas prices and environmental policy
As California voters prepare to choose their next governor in 2026, energy policy — particularly the future of oil production, refineries and gas prices — has remained a central and…
Higher gas prices have cost drivers an extra $8.4 billion, Democrats say
American drivers have paid an additional $8.4 billion in fuel costs since the Iran war started, according to a new estimate from the Joint Economic Committee’s Democratic minority. The lawmakers’…
Netflix raises its subscription prices for the second time in 2 years
Netflix subscribers will have to pay more to watch their favorite TV shows and movies after the streaming platform raised its prices. The price hike, implemented this week, raises the…
Trump waives summer gasoline regulations to ease fuel prices
The Trump administration will temporarily lift summer gasoline regulations as prices at the pump near $4 a gallon amid the Iran war. The emergency fuel waiver allows refiners and retailers…
U.S. shoppers should brace for impact of higher oil prices, experts say
For U.S. consumers, soaring oil prices due to the Iran war don’t just mean pain at the pump — the impact is also likely to be felt by shoppers both…
Analysts warn oil prices could keep climbing as Iran war intensifies
Intensifying violence in the Middle East could send oil prices careening above their all-time high, raising the risk of higher inflation and slower economic growth, experts said. “The biggest hit will…
Not just gas: Grocery prices could be hit by Strait of Hormuz closure
The threat of Iranian attack on ships in the Strait of Hormuz is disrupting global energy supplies and could soon send the price at the pump to a new record…
















