Your home heating oil bill is likely to jump this winter. Here's why.
Millions of homeowners will face higher heating costs this winter because of surging global oil prices, according to a new forecast.
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Millions of homeowners will face higher heating costs this winter because of surging global oil prices, according to a new forecast.
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.
Diesel hit a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022.
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.
As the war passes the six-month mark, neither side showed any sign of backing down.
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
The U.S. and Iran are close to agreeing on "some sort of arrangement," Pakistan's defense minister told Bloomberg on Tuesday.
The secretary of state said progress has been made in the Iran-Oman talks but that no final agreement has been reached, adding, "We're hoping that will happen very shortly."
President Trump said negotiations with Iran are set to begin Monday after announcing Saturday night that he canceled a pending attack on Iran.
U.S. households will spend roughly $4,000 per student on school supplies and lunches this year, a new analysis found.
The U.S. moves more refueling planes to the Mideast and adds medics at a major military hospital as the war with Iran spreads to another key waterway.
The national average for a gallon of gas reached $4.003 on Monday, the first time in over a month it has crossed that threshold, AAA data shows.
Iran said it would attack "all infrastructure in the region" if President Trump follows through on his threats to attack Iranian civilian infrastructure.
As the U.S. restarts its Iran blockade and carries out more strikes, President Trump has called off a planned 20% fee on shipping through the Strait of Hormuz.
The Freedom Fuel Network is offering gasoline for more than 30 cents a gallon below the national average.
Iran launched drone and missile attacks targeting Kuwait and Bahrain on Sunday after the U.S. and Iran traded attacks earlier over the weekend.
The Islamic Revolutionary Guard Corps struck a cargo ship near Oman on Thursday, further complicating the Iran-U.S. negotiations.
Israel and Lebanon agreed Wednesday to renew their fragile ceasefire and create a number of "pilot" security zones inside Lebanon where Hezbollah would be banned.
The vice president says the U.S. and Iran are "very close" to a deal, but are "not there yet." Meanwhile, the U.S. struck Iran, which retaliated against a U.S. base.
As Iran accuses the U.S. of a "grave violation" of the fragile ceasefire, Rubio says a deal is still possible despite the latest clash.
There is broad commitment on the principles of a deal, a senior Trump administration official said, and the administration feels positive about where things stand.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
Iranian Foreign Minister Abbas Araghchi returned to Islamabad on Sunday, where he participated in talks focused on ending the war with the U.S., Iranian state media reported.
Iran renews attacks in the Strait of Hormuz after Trump says he's extending a ceasefire indefinitely, as thousands more U.S. forces head for the region.
President Trump says he sent a U.S. delegation to Pakistan for another round of peace talks with Iran Monday but Tehran says it doesn't plan to participate.
