U.S. Economy

Gas prices are rising across the U.S. as the Iran conflict pushes oil higher. See a state-by-state breakdown of where drivers are paying the most.

Federal Reserve Vice Chair for Supervision Michelle Bowman says she has penciled in three rate cuts before the end of 2026, citing concerns about the U.S. labor market.

Iranian strikes on Qatar’s Ras Laffan facilities have halted major LNG production, causing force majeure declarations and raising concerns over supply disruptions.

Treasury Secretary Scott Bessent said the U.S. won't intervene in oil futures markets, focusing on physical crude supply to offset Iran conflict disruptions.

The Trump administration is "doing everything that we can" to lower gas prices amid the Iran war spike, Vice President JD Vance told a crowd in Michigan.

Electricity bills vary dramatically across America, with some states paying triple what others did. North Dakota had the lowest rates, while Hawaii faced the highest costs.

The U.S. economy grew at a rate of 0.7% in the fourth quarter of 2025, according to a second estimate released on Friday by the Bureau of Economic Analysis.

Diesel prices continue to rise as many farmers prepare for the spring planting season. Analysts expect prices to swell for several weeks, even after the Iran conflict ends.

President Donald Trump made light of concerns about rising oil prices, saying his priority is ensuring the "evil" Iranian regime doesn't have nuclear weapons.

Energy Secretary Wright says U.S. Navy may soon escort oil tankers through Strait of Hormuz amid Iran conflict, but military assets focused elsewhere for now.

Iran warns oil could hit $200 per barrel as U.S.-Israel strikes escalate, potentially triggering the worst energy crisis since 1970s. Gas prices could hit $5.

The United Kingdom Maritime Trade Operations Centre noted a report regarding a cargo ship being struck by a projectile in the Strait of Hormuz.

The Iran war is driving oil shock that may reshape consumer spending patterns as businesses face mounting transportation costs and difficult pricing pressures.

Strait of Hormuz reaches near standstill amid U.S.-Israeli strikes on Iran, forcing global shipping to reroute through Panama Canal as traffic drops.

G7 finance ministers weigh emergency oil reserve release as Middle East tensions send crude soaring above $115, threatening global economic stability.

As American drivers face spiking prices at the pump, President Donald Trump asserted that increased oil prices are a "small price to pay" to achieve peace.

Rising tensions with Iran are rippling through global oil markets, sending crude prices sharply higher and pushing U.S. gas prices up at the pump.

Interior Secretary Doug Burgum says the U.S.-Venezuela energy partnership is moving at "Trump speed" toward a "golden age of abundance" as American companies show interest.

Interior Secretary Doug Burgum traveled to Venezuela to explore a rare earth minerals partnership as the Trump administration seeks alternatives to China.

The United States Bureau of Labor Statistics reported that there were more than 5,000 deadly work injuries recorded in the nation in 2024.