Oil prices continue to climb, hitting highest level in nearly 2 years
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
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Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Relations between the two countries were cut off in 2019, during the first Trump administration.
Americans are now paying an average of $3.246 per gallon, up 26 cents since last week and the highest level since April 2025.
U.S. motorists could soon see higher prices at the pump as oil prices surge following the attacks in Iran.
Stocks recovered on Monday after tumbling earlier in the day over concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
President Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba.
Idled oil rigs off the California coast could be back up and running soon if the federal government has its way.
President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far more complicated, experts note.
U.S. drivers are likely to see lower prices at the pump this year amid lower global oil prices and strong crude production.
Venezuela is said to have the largest amount of these reserves in the world.
Trump said the "whole infrastructure" of Venezuela has to be rebuilt and that American companies would be used to rebuild it.
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.
Americans preparing to hit the road for Memorial Day are likely to find lowest fuel prices in years, according to Gas Buddy.
Every week, Eye on Politics breaks down some of the biggest political stories grabbing headlines in North Texas and beyond.
The European Union Ambassador to the United States said the Lone Star State could get a boost from increased exports of liquified natural gas to Europe.
Vice President Kamala Harris hasn't yet rolled out her climate policy, but the Democratic Party platform released this week devotes seven pages to the topic.
Fighting has broken out between Israel and Hamas, pushing up global oil prices amid fears the conflict could escalate.
"Climate change is here. It is terrifying. And it is just the beginning," U.N. Secretary-General Antonio Guterres said.
Climate change initiatives by universities sometimes mask their financial ties to Big Oil. Students are demanding change.
Brace yourself! According to AAA, the current price per gallon in the Lone Star State is $4.34... but it's higher in DFW.
