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The Latest Breaking News from Gas Prices

Why oil and gas prices could stay high in Europe even if the Iran war ends

Energy prices in Europe could stay high for a while, even though the region doesn’t rely heavily on the Strait of Hormuz. Here’s what’s behind it.

Euronews

Here is how long it will take for gas prices to start coming down after Iran ceasefire

Average gas prices could drop below $4 per gallon in the coming weeks, one industry expert said

The Independent UK

More Federal Reserve officials see possible rate hikes this year, minutes show

More Federal Reserve policymakers were willing to consider an interest rate hike this year at their March meeting than in January, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months

The Independent UK

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Things aren’t getting better as yet for Republicans

ANALYSIS — Just a few months ago, Republican strategists expressed some optimism about their party’s midterm fortunes. Gas prices were falling, the stock market was surging and tax refunds were imminent. But President Donald Trump’s war with Iran has at least stalled that momentum, and he’s at risk of being…

Roll Call

Will an Iran ceasefire lower energy bills?

The announcement of a two-week ceasefire in the Middle East has triggered an immediate drop in oil and natural gas prices, raising hopes for lower energy bills. However, consumers might not see the effects for several months, even though the oil industry has issued some optimistic forecasts.

Euronews

US-Iran war will still hit energy bills despite ceasefire, experts warn

Gas prices are ‘likely to stay elevated’ for some time, one consultant said

The Independent UK

‘Little doubt’ Americans will see record gas prices if Trump follows through on Iran deadline threats, expert says

The president said a ‘whole civilization will die tonight, never to be brought back again’ ahead of Tuesday evening's deadline

The Independent UK

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Woman ‘hacks’ high gas prices with AAA membership after her tank hits empty on the side of the road

But she didn't read the fine print.

We Got This Covered

Gas prices are skyrocketing. This is the county with the most expensive average in America

Some Americans have reportedly started traveling 120 miles across state borders for cheaper gasoline

The Independent UK

Gas Prices Still High? These 12 Tricks Can Cut Your Fuel Bill Without Driving Less

Gas prices have a way of sneaking into your budget and quietly taking more than their fair share. Even when prices dip, they rarely stay low long enough to make a lasting difference. The good news is you don’t have to drive less to spend less at the pump. With…

Budget and the Bees

Key Fed official sees possible rate hike amid higher gas prices, inflation concerns

A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank’s 2% target, the latest sign that some policymakers are moving away from a bias toward reducing borrowing costs

The Independent UK

War in Iran is boosting profits for oil and defense companies as US gas prices soar

As Americans struggle with rising prices, Lockheed Martin, Shell and other companies are experiencing gains

The Guardian - US

In a staggering twist, Americans are paying $240M a day extra on gas, totaling $8.4B since the Iran War began

The Americans are paying a steep price for this war.

We Got This Covered

How one local council helped 1,200 low-income residents finance solar and home energy upgrades

Most of Australia’s existing homes are old, uncomfortable, and expensive to run. Too many are energy inefficient, and rising electricity and gas prices are making things worse.

The Conversation

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Motor1

‘I Didn’t Do My Research’: Woman Buys Used Tesla. 3 Days Later, She Gets A $16,000 Repair Bill

With gas prices skyrocketing, many drivers may find themselves considering buying an EV. One woman recently purchased a Tesla Model S to save money on her commute.

Kiplinger

Smart Transportation Alternatives for Seniors to Avoid Rising Gas Prices

With gas prices averaging more than $4 per gallon, small changes can lead to big savings.

The Independent UK

European ministers call for profit caps on energy companies as Iran war drives price surge

Finance ministers from five European Union member states are urging the bloc to introduce a windfall tax on energy companies as surging oil and gas prices raise inflation fears

Newslaundry

God on their side, the bill on ours: Counting the real cost of the war in West Asia for India

With guns in their hands and God on their side – Bob Dylan John Mearsheimer writes in The Tragedy of Great Power Politics: “States rarely go to war unless they think that rapid success is likely.”It has been more than a month since Benjamin Netanyahu and Donald Trump started the…

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The Independent UK

Fox host cuts off Trump’s top economic adviser when he tries to blame Biden for gas price spike amid Iran war

The national average cost of gas has exceeded $4 a gallon in the US as Americans bear the brunt of Trump’s war against Iran

Fortune

Current price of oil as of April 3, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

The Guardian - US

LA drivers get creative as surging gas prices threatens love affair with the car

Shop around, coast downhill, band together – drivers tell of how they’re dealing with the costliest gas in the US

The Independent UK

Susie Wiles reportedly expressed concerns aides are giving Trump a ‘rose-colored view’ of the Iran war and its impacts

Gas prices have soared in the U.S. to more than $4 a gallon on average, 13 American service members have died and more than 300 troops have been injured as the Iran war rages on

Fortune

How the Iran war adds to the U.S. K-shaped economy through higher gas prices

Americans could be on the hook for an extra $8 billion in gas prices, and some families will feel it more than others.

Clever Dude

These 8 States Have the Lowest Gas Taxes — Are You in One?

Gas prices grab attention fast, and not in a gentle way. One glance at the pump can turn a good day sideways, especially when numbers climb higher than expected. Yet across the country, a handful of states quietly keep things more affordable thanks to lower gas taxes. These places don’t…

The Independent UK

Dizzying US fuel prices are determined by factors largely outside of a gas station's control

U.S. gas prices are climbing fast, and drivers are paying the highest pump prices since 2022 as the Iran war shakes oil markets

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