Tips on how to save money as gas prices continue to increase
To help consumers navigate the higher costs of food and goods, CBS News Miami spoke with Mark Hamrick, the Senior Economic Analyst at Bankrate.
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To help consumers navigate the higher costs of food and goods, CBS News Miami spoke with Mark Hamrick, the Senior Economic Analyst at Bankrate.
Experts attribute the interruptions to supply chain disruptions and a surge in demand, tied in part to panic buying.
Stocks rebound after sliding in early-day trade, with investors buoyed by reports that Iran and Oman could monitor ship traffic in the Strait of Hormuz.
With gasoline topping $4 a gallon, it now costs almost $145 to fill up a Ford F-150 pickup truck, a new analysis finds.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
President Trump indicated the Iran war may wrap up "very soon" and he could abandon efforts to force Iran to reopen the Strait of Hormuz, as the war pushed U.S. gas prices over the $4 mark.
Experts report the national average for gasoline has reached $4.01, the highest level since August 2022, following the start of the Russian war against Ukraine.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Energy markets remain volatile as President Trump threatens Iran with an invasion to seize its oil while also suggesting a deal could soon end the war.
U.S. stocks swung on Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end.
According to AAA, the average cost for a gallon of gas in Florida as of Monday was $3.95.
It's unclear if the talks would be direct or indirect, and Washington and Tehran aren't commenting. This, as Iran warns the U.S. not to start ground operations.
Stocks suffered a fifth straight weekly loss as oil prices climbed and mixed signals on Iran raised fears about inflation and growth.
President Trump has extended a pause on striking Iranian energy infrastructure until April 6.
According to a Nova Southeastern University economics professor, necessities such as groceries could become more expensive as fuel costs used to ship goods continue to rise.
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
White House press secretary Karoline Leavitt says talks with Tehran are ongoing hours after Iran's state media said the regime rejected Trump administration proposals.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
President Trump said several members of his administration were involved in talks with Iran about the ongoing war.
As Iran threatens to mine the entire Persian Gulf, President Trump said his deadline for the Strait of Hormuz to reopen is postponed amid negotiations with Tehran.
Crude oil prices also dropped after President Trump said the administration had held "good and productive" peace talks with Iran.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
Plunging oil shipments transiting the Strait of Hormuz have sent global energy prices soaring to their highest level in years.
