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The Iran war is costing American households $2,000 each, Moody’s estimates
The Iran war is hitting Americans in the wallet, driving up gas prices, mortgage rates and airfares while wages lag behind inflation—adding to household financial strain and intensifying economic concerns ahead of the 2026 midterm elections.
Trump signs executive order aimed at lowering diesel prices
Trump’s new diesel tax holiday aims to ease soaring fuel costs for truckers and farmers, but energy experts warn it may offer only temporary relief.
States are taking matters into their own hands to fight high gas and diesel prices
States across the political spectrum are suspending fuel taxes and easing diesel rules as gas prices surge, giving drivers, farmers and truckers temporary relief ahead of the midterm elections.
Powell did not break the law with expensive Fed renovations that incensed Trump, report finds
A Federal Reserve inspector general review found no evidence that Jerome Powell broke the law over the Fed’s $2.4 billion renovation, while sharply criticizing the project’s cost controls.
Trump wants to take a page out of the Biden energy playbook
President Trump is weighing a major shift on energy exports, considering limits on US diesel shipments as soaring fuel prices put pressure on farmers, truckers and consumers ahead of the midterm elections.
Trump has a ‘sledgehammer’ way to slash diesel prices. But it could boomerang back on the US
With diesel prices surging above $6.50 a gallon, some Republicans are pushing for an export ban—but energy experts warn the move could trigger higher fuel costs and ripple through the US economy.
Can the oil market survive a forever war with Iran?
More than six months into the Iran war, oil markets are holding together—but analysts warn the fragile workarounds keeping fuel flowing could eventually break, sending energy prices soaring.
Diesel costs more than $6 a gallon for the first time. Here’s how that affects you
Diesel prices have shattered a record, topping $6 a gallon nationwide as soaring oil costs and refinery disruptions threaten to drive up the price of everything from groceries and freight to home heating.
Global oil hits $105 per barrel and bond yields surge
Oil surges back above $100 a barrel as the Iran war threatens prolonged supply disruptions, sending fresh shockwaves through fuel prices, inflation, interest rates and global markets.
Labor Day gas has never been this expensive. Trump is scrambling for answers
Gas prices are heading toward a potential Labor Day record as Trump’s Iran war sends diesel to an all-time high and leaves Americans wondering when energy costs will finally ease.