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Energy

These car brands could suffer the most with soaring gas prices

By Todd C. Frankel and Federica Cocco
Apr 04, 2026 1:00 pm - The Iran war has contributed to a gas price increase of nearly 35%, adding $1 to the average gallon. On Tuesday, the nationwide average gas price hit $4 for the first time since 2022.
2 US aircraft shot down as war in Iran escalates. At least 1 crew member is missing

By JON GAMBRELL and DAVID RISING
Apr 03, 2026 7:38 am - One crew member has been rescued after an American aircraft went down in Iran, according to one U.S. and one Israeli official, who both spoke on condition of anonymity to describe sensitive ongoing military operations.
Pritzker calls for year-round E15 gasoline in letter to Congress

By George Alexandrakis
Apr 02, 2026 8:36 pm - Gov. JB Pritzker is calling on Congress to allow the permanent year-round use of E15 gasoline, a blend of 15% ethanol and 85% gasoline that is cheaper than regular fuel and increases demand for corn.
Dizzying US fuel prices are determined by factors largely outside of a gas station’s control

By HANNAH FINGERHUT
Apr 02, 2026 9:05 am - U.S. gas prices are climbing fast, and drivers are paying the highest pump prices since 2022 as the Iran war shakes oil markets. Many drivers face wild swings between stations and even from one day to the next.
UK gathers more than 40 countries to plot ways of reopening the Strait of Hormuz

By JILL LAWLESS
Apr 02, 2026 8:14 am - Britain accused Iran on Thursday of holding the world's economy hostage as diplomats from more than 40 countries held talks on ways to reopen the Strait of Hormuz, a vital shipping route that has been choked off by the U.S.-Israeli war against Iran.
Iran fires on Israel and Gulf neighbors as Trump claims threat from Tehran nearly eliminated

By JON GAMBRELL, DAVID RISING and WILL WEISSERT
Apr 02, 2026 8:08 am - Iran fired more missiles at Israel and Gulf Arab states Thursday, demonstrating Tehran’s continued ability to strike its neighbors even as U.S. President Donald Trump claimed the threat from the country was nearly eliminated.
Retail sales rise 0.6% in February, but impact of Iran war threatens to derail spending

By ANNE D'INNOCENZIO
Apr 01, 2026 9:14 am - Shoppers increased their spending in February, particularly on cars and clothing, after pulling back at the start of the year due to severe winter storms.
Attacks persist on Iran and across the Mideast as Trump threatens escalation

By JON GAMBRELL and DAVID RISING
Apr 01, 2026 7:36 am - Iran kept up its attacks on Israel and Persian Gulf neighbors on Wednesday as airstrikes pounded Tehran and U.S. President Donald Trump again made contradictory statements about whether he was ready to wind down the war or escalate it.
Trump’s go-to moves to influence the markets are increasingly falling flat as the Iran war drags on

By JOSH BOAK and FATIMA HUSSEIN
Mar 31, 2026 9:19 am - As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from cratering and interest rates from surging.
Federal ‘God squad’ exempts oil and gas drilling in the Gulf from endangered species rules

By MATTHEW BROWN
Mar 31, 2026 9:13 am - A U.S. government panel on Tuesday exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act after Defense Secretary Pete Hegseth said environmentalists' lawsuits against the industry threatened to hobble the nation's energy supply.

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