Trump addresses high gas prices
Oil prices are up as the war in Iran intensifies. President Trump promised lower gas prices for Americans after the midterm elections. CBS News' Olivia Rinaldi reports.
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Oil prices are up as the war in Iran intensifies. President Trump promised lower gas prices for Americans after the midterm elections. CBS News' Olivia Rinaldi reports.
Gas prices remain high amid the Iran war, and President Trump now says that they will remain high until the midterm general elections are over. CBS News' Olivia Rinaldi reports.
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After Canada's retaliatory tariffs against the U.S. took effect on Tuesday, the Trump administration moved to ban imports of certain Canadian motorcycles, dairy products and alcohol. CBS News chief White House correspondent Nancy Cordes has more.
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The U.S. and Iran are again trading strikes, causing a rapid rise in oil prices. CBS News' Ramy Inocencio has the latest details.
Oil prices are up to over $100 a barrel as the war in Iran heats up and tensions simmer over Ukraine. The Wall Street Journal reporter David Uberti has more context.
Fresh attacks between the U.S. and Iran are driving oil prices up. CBS News' Ramy Inocencio reports.
Oil prices are spiking again as tensions rise in the Middle East and the war in Iran rages on. CBS News' Kelly O'Grady has more.
The average price of regular gas was $4.15 a gallon on Labor Day, well above the Labor Day weekend record of $3.82 from 2012, and diesel was at a new all-time record of $5.90.
Concerns are ramping up over energy costs as the war with Iran drags on and U.S. gas prices hit record highs for Labor Day. CBS News contributor Javier David has more.
Millions of Americans are set to travel home on Monday as gas prices continue to climb. Lilia Luciano reports.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
Labor Day weekend gas prices have never been higher, and Californians are feeling the sticker shock more than most in the U.S., as prices regularly top $6 per gallon. Mark Strassmann is in Los Angeles with the latest.
Ray Washburne, the board chairman of Sunoco and the chair of next week's Republican midterm convention, called gas prices "painful," but he noted that "the refineries are turning more" oil out for consumers. "People are filling their cars up and they're still driving," he said.
As gas prices continue to rise in the U.S., Energy Secretary Chris Wright told "Face the Nation with Margaret Brennan" that "we are always open" to a nuclear agreement, and that President Trump's goal has always been to "not use a military solution unless absolutely necessary."
American truck drivers and travelers are struggling to fill up their tanks amid higher gas and diesel prices linked to the Iran war. Ali Bauman has more.
Millions of Americans are set to face higher gas prices and higher airfare this Labor Day weekend due to disruptions connected to the Iran war and other conflicts. CBS News senior transportation correspondent Kris Van Cleave has more.
Energy Secretary Chris Wright is back in the U.S. after his trip to Venezuela to hash out the new oil deal between the two nations. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan has more.
Airfare is up 20% from last year, and gas is almost $1 more per gallon than it was in 2025. Diesel fuel costs just hit an all-time high. Kris Van Cleave takes a look at rising travel costs ahead of the busy holiday weekend.
As the midterms draw closer, mortgage rates have hit a new high for 2026, and gas prices are above $4 per gallon. Former Trump economic adviser Stephen Moore joins "The Takeout" to assess the state of the U.S. economy.
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