Diesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time as the six-month war with Iran disrupts the world’s flow of fuel.
Oil giant Chevron confirmed that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits.
Gas prices are inching back up in the Midlands.
Brent oil shot to its highest price since May on Thursday as increased fighting in the Middle East threatens to slow the global flow of crude.
AAA says the national average for a gallon of regular gas on Tuesday, July 21, is just over $4.
Gas prices keep climbing as the war in Iran continues.
U.S. gas prices jumped to an average of $4 a gallon again Monday as the U.S. and Iran launched more attacks.
Gas prices continue to inch up after President Donald Trump declared the ceasefire agreement with Iran “over.”
U.S. energy costs are at a grim milestone.
Renewed fighting in Iran continues to drive up oil and gas prices.
