Gas prices slip below $4 a gallon for first time since July
Petroleum expert Patrick De Haan predicts prices will continue to sink and reach $3.75 a gallon by Thanksgiving.
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Petroleum expert Patrick De Haan predicts prices will continue to sink and reach $3.75 a gallon by Thanksgiving.
Fuel prices have dropped in recent weeks amid hopes that the midterm elections would increase pressure on the U.S. and Iran to reach a peace deal.
The U.S. launched limited strikes on Iran's Qeshm Island in the Strait of Hormuz after Iran fired at a U.S. aircraft, a senior U.S. official told CBS News.
Airlines have raised baggage fees and ticket prices to help offset the surging cost of jet fuel this year.
A report from congressional Democrats found the president purchased millions in oil and gas stocks during the war.
Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
Trump said he doesn't believe "you could ever have peace" with Iran, and renewed his threat to resume U.S. attacks after the midterms.
Airfares for round-trip U.S. flights have jumped 31% compared to the same period last year, and tickets are likely to get pricier, according to a new analysis.
The Supreme Court will soon hear arguments in the major climate change lawsuit between two energy companies and the city and county of Boulder, Colorado.
Iran had presented a seven-day plan to reopen the Strait of Hormuz and return to negotiations for a lasting end to the war.
As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again.
U.N.-commissioned rights experts say there are "reasonable grounds" to believe the U.S. committed war crimes with strikes that killed scores of Iranian civilians.
The alerts did not cite a specific threat, but called for Americans to "exercise heightened vigilance."
The Iran war and Russia-Ukraine conflict are knocking out global refining capacity, pushing fuel prices higher, analysts said.
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
The price of diesel has soared more than 60% over the last year, a surge energy experts say is likely to continue. Here's why.
U.S. jets were hit by Iranian missiles while parked at a base in Jordan, sources tell CBS News, while Trump said the war will end "immediately" after midterms.
Oil prices are rising steadily with no end in sight to the U.S.-Iran standoff impeding tanker traffic in the Strait of Hormuz.
Higher gas and diesel prices have cost Americans an additional $100 billion since the Iran war began, according to a Brown University tracker.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
Diesel hit a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022.
Iran responded to a warning from President Trump with claims of new strikes against U.S. forces in Kuwait and the United Arab Emirates.
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. forces announced new strikes against targets linked to Iran's Revolutionary Guard, marking another round of attacks as the U.S. and Iran return to hostilities.
