Oil and gas prices fall
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The widening Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide. Those disruptions caused oil to spike Monday, only for it to swiftly fall back after President Donald Trump suggested the war ...
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
A drop in oil prices slowed after Defense Secretary Pete Hegseth warned the day would be America's "most intense day of strikes inside Iran."
Gas prices are barreling toward $4 per gallon as oil slows out of the Strait of Hormuz—but the White House says a reversal is coming soon.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
The U.S. plans to offer tanker and cargo insurance in a scramble to get exports moving—and ease prices.
Gas prices in Pennsylvania are still climbing 10 days into the conflict in Iran. The path to the U.S.-Iran war: A timeline of how the 2 nations went from allies to enemies