Gas prices jump to their highest level since start of Iran war
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
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The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Shipping companies would take at least two months to resume operations in the Persian Gulf following a ceasefire in the region, according to the Eurasia Group.
President Trump warned the U.S. "hasn't even started destroying what's left in Iran," and previewed that strikes on bridges and power plants could be next.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
Rising diesel prices could push up costs across the U.S. economy, as many goods move by diesel-powered trucks.
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.
The U.S. average gas price has jumped 48 cents since last week, with experts predicting that higher fuel costs could persist for months.
The average price across the U.S. now stands at $2.95 per gallon, down 8.5 cents from a week ago, according to GasBuddy.
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.
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Drop in summer fuel prices may indicate Americans are traveling less than they used to, says one expert.
The cost of filling up is rising ahead of the summer driving season, as peak demand and geopolitical issues converge.
Gas prices are now below $3 a gallon in eight states, and drivers in other parts of the country could also see cheaper fuel costs.
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Prices at the pump are sliding amid slowing demand and fears of economic shutdowns around the globe.
The national average for a gallon of regular now stands at $3.86, up 7 cents since Monday, according to AAA.
While touring the Marvin Foote Youth Services Center, Colorado state officials described the efforts behind massive changes being made to operations across juvenile detention facilities statewide.
Cinco de Mayo celebrations filled neighborhoods across Denver this weekend, from downtown to Westwood, drawing thousands of attendees. Events also provided a key economic boost for local vendors.
The City of Aurora is hoping to replace the aging Peoria Street Bridge over Sand Creek to improve traffic flow and address safety concerns, but some residents are concerned about the project's impact on the surrounding area.
A month-long search after a Colorado airman's vehicle and dog were stolen while he was on deployment came to a tragic end on Saturday.
A Spirit pilot received an impromptu retirement party from a different airline after what would have been his final flight was canceled.
While touring the Marvin Foote Youth Services Center, Colorado state officials described the efforts behind massive changes being made to operations across juvenile detention facilities statewide.
Cinco de Mayo celebrations filled neighborhoods across Denver this weekend, from downtown to Westwood, drawing thousands of attendees. Events also provided a key economic boost for local vendors.
The City of Aurora is hoping to replace the aging Peoria Street Bridge over Sand Creek to improve traffic flow and address safety concerns, but some residents are concerned about the project's impact on the surrounding area.
A month-long search after a Colorado airman's vehicle and dog were stolen while he was on deployment came to a tragic end on Saturday.
Democratic Rep. Jason Crow of Colorado said on Sunday that the U.S should be considering a broader question of strategy in the war with Iran.
Cinco de Mayo celebrations filled neighborhoods across Denver this weekend, from downtown to Westwood, drawing thousands of attendees despite concerns among some immigrant communities about changing policies and enforcement. Heavy traffic into downtown reflected the scale of festivities across the metro area, where events also provided a key economic boost for local vendors.
A man is in the hospital after Denver police say officers shot a suspect in an earlier shooting multiple times near 16th Street and California Street.
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Joe Ruch is tracking the lack of precipitation across Colorado
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A Spirit pilot received an impromptu retirement party from a different airline after what would have been his final flight was canceled.
Democratic Rep. Jason Crow of Colorado said on Sunday that the U.S should be considering a broader question of strategy in the war with Iran.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Held every spring in Louisville, Kentucky, the event is also known for its over-the-top hats and vibrant suits and dresses.
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Democratic Rep. Jason Crow of Colorado said on Sunday that the U.S should be considering a broader question of strategy in the war with Iran.
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President Trump said the European Union "is not complying with our fully agreed to trade deal."
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While touring the Marvin Foote Youth Services Center, Colorado state officials described the efforts behind massive changes being made to operations across juvenile detention facilities statewide.
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