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Trump promised to slash energy costs — but gasoline, diesel and jet fuel all soared instead

President Donald Trump promised voters angry about inflation that he would slash gas prices below $2 a gallon within his

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Politics

EPA sees little oil price relief on Trump methane rollback

The Valero Houston Refinery in Houston, Texas, US, on Friday, March 13, 2026. The worst supply disruption in the history

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Politics

U.S. oil holds above $100, Brent at five-month high

Brent crude oil was trading at a five-month high on Friday, as investors increasingly expect the U.S. to resume strikes

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Politics

U.S. pulls diplomats from Saudi Arabia as renewed Iran strikes loom

The U.S. ordered non-emergency government employees and their families to leave Saudi Arabia as Houthi attacks on the kingdom escalate.

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Politics

Iran says it has a ‘new operational plan’ if the U.S. resumes attacks

Ballistic missiles, air defense systems and unmanned aerial vehicles are displayed at Baharestan Square as part of Iran’s ‘Sacred Defense

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Must ReadTop Stories

U.S. crude oil tops $100 as Iran escalates Hormuz attacks

Crude oil prices rose sharply Friday as Iran escalated attacks in the Strait of Hormuz, Houthi militants fired missiles at

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Must ReadTop Stories

CNBC Daily Open: Is cheap gas America's Godot?

Trump’s pledge not to attack Iran before the midterms hasn’t shifted Kalshi traders, who still bet gas stays high on

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Politics

Treasury sanctions 17 more tankers linked to Iran’s ‘shadow fleet’

Fishermen motor past a commercial vessel anchored off Yemen’s coast at Bab al-Mandeb, in the straits connecting the Red Sea

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