Gas prices continue to trend downward in South Carolina
Gas prices continue to trend downward in South Carolina.
Gas prices continue to trend downward in South Carolina.
Oil prices are falling by more than 10% Friday, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open again for oil tankers carrying crude from the Persian Gulf to customers worldwide.
Iran said Friday it fully reopened the Strait of Hormuz to commercial vessels, but President Donald Trump said the American blockade on Iranian ships and ports “will remain in full force” until Tehran reaches a deal with the U.S., including on its nuclear program.
Israel agreed Thursday to a 10-day ceasefire in Lebanon, a truce that could pause fighting with the Hezbollah militant group and boost attempts to extend the ceasefire between Iran, the United States and Israel after weeks of devastating war.
An effort to ramp up U.S. weapons production and build more ships, planes and drones will require a massive upfront investment, President Donald Trump’s budget director told a House committee Wednesday.
The Republican-led Senate on Wednesday rejected the latest Democratic attempt to halt President Donald Trump’s war in Iran, turning aside a resolution that would require the U.S. to withdraw forces from the conflict until Congress authorizes further action.
Pakistan’s army chief arrived Wednesday for talks in Tehran in the latest diplomatic move to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks of war.
The standoff between the United States and Iran deepened Tuesday as the U.S. declared it had blockaded Iran’s ports, Tehran threatened to strike targets across the region, and Pakistan said it was racing to bring the sides together for more talks.
AAA says regular gas is holding steady around $4.13 a gallon in the U.S.
Oil prices are back above $100 per barrel on Monday after 21 hours of ceasefire talks between the United States and Iran failed to end their war.