Gas nears $4, highest since August 2022
Regular gas now averages $3.96 a gallon, according to AAA.
Regular gas now averages $3.96 a gallon, according to AAA.
Armed federal immigration officers in tactical gear moved through terminals at some of the busiest U.S. airports Monday, standing near security lines and checkpoints after President Donald Trump ordered their deployment during a partial government shutdown that has disrupted air travel nationwide.
President Donald Trump extended his deadline for Iran to reopen the crucial Strait of Hormuz to international shipping, saying Monday that the U.S. would hold off on threatened strikes against Iranian power plants for five days.
With no clear end in sight, the war with Iran is sending oil prices back to $100 per barrel and stocks sinking worldwide on Thursday.
The U.S. said it took out more than a dozen mine-laying Iranian vessels Tuesday, and the Islamic Republic vowed to block the region’s oil exports, saying it would not allow “even a single liter” to be shipped to its enemies.
U.S. President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic, which chose a new hard-line supreme leader.
A Kentucky man who joined the Army straight out of high school is the seventh U.S. service member to die in combat during the Iran war, the Pentagon announced Monday.
Stock markets shuddered worldwide Monday on worries about whether the global economy can withstand spiking prices for oil, which briefly got to nearly $120 per barrel, their highest level since four summers ago.
Oil prices spiked near $120 per barrel Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets.
U.S. President Donald Trump on Friday appeared to rule out talks with Iran absent its “unconditional surrender.”