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The Latest Breaking News from Gas Prices

Is it Time to Put Natural Gas on Your Radar?

Now that we are in the heart of summer, the shoulder season in natural gas is over, as cooling demand increases natural gas requirements. While the energy commodity that generates electricity tends to peak during winter and the heating season, above-average temperatures during summer can push prices higher.

Barchart

Current price of oil as of July 10, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

US gas prices see their biggest one-day jump in months as Iran war spooks market

Gas prices began to decline steadily after the U.S. and Iran agreed to the Memorandum of Understanding in June

The Independent UK

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White House Promotes ‘Freedom Fuel’ Gas Stations Offering $3.47 Gas As Trump Pushes Retailers to Cut Prices

The White House promoted the launch of 25 "Freedom Fuel" gas stations in Pennsylvania and New Jersey this week, framing the privately run network as a cheaper option for drivers amid elevated fuel prices during the summer travel season.

Benzinga

Oil Surges Again as US-Iran War Escalates: Top Economist Justin Wolfers Explains the ‘Hidden Pattern’ Driving Gas Prices

Fresh military strikes in the Middle East have shattered a fragile ceasefire, sending crude oil prices surging and guaranteeing an immediate spike in fuel costs. This rapid increase, contrasted with sluggish price drops during periods of relief, is driven by a “hidden pattern” that economists have long tracked.

Benzinga

The Sindex: Gas Prices Rose 29% in 2 Months After Trump Went to War With Iran

The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.

Reason

Hakeem Jeffries Slams Trump Over Iran 'Ceasefire' Collapse—Patty Murray Says Gas Prices Are Surging Again: 'What a Total Failure…'

Democratic Party lawmakers, including House Minority Leader Hakeem Jeffries, have criticized President Donald Trump as tensions escalate with Iran and gas prices surge.

Benzinga

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Fuel prices got so high that people stopped going to the drive-thru as much: report

Even the likes of the Big Mac and Whopper didn’t stand a chance against soaring gas prices, with fast-food drive-thru customers falling 6.8 percent in May, according to research from data analysis firm Placer.ai.

The Independent UK

Gary Black Says Tesla's Q2 Delivery Beat Was Fueled by Iran War-Driven Gas Price Spike, Expects TSLA to Rebound Ahead of Earnings

Investor Gary Black of The Future Fund LLC has reiterated that Tesla Inc.‘s (NASDAQ:TSLA) second-quarter 2026 delivery beat came due to elevated gas prices amid the war in Iran.

Benzinga

Gavin Newsom Slams Chevron, Says Gas Prices Still 'Elevated' Due to Trump's 'Reckless' Iran War: 'Skip the Brand Names'

Gov. Gavin Newsom (D-CA) has reaffirmed his call to snub energy giant Chevron Corp‘s (NYSE:CVX) gas stations, accusing oil companies of profiting from high costs as ordinary Americans continue paying more at the pump amid the Iran war.

Benzinga

Why the Current Selloff in Big Tech Stocks Is a Springboard for a New Rally

The recent Big Tech correction is a healthy reset, not a market crash. Big Tech capex remains the S&P 500's core engine. With falling gas prices driving down headline CPI and an impending dovish Fed pivot, current market levels offer an ideal entry point for a new historic rally.

Barchart

Trump Administration Ramps Up Pressure on Oil Industry As Federal Agencies Push States to Investigate Elevated Gas Prices

On Friday, the Donald Trump administration intensified its scrutiny of the petroleum industry by urging state officials to investigate whether oil companies or fuel retailers are unlawfully keeping gasoline prices elevated despite falling crude oil costs.

Benzinga

Ross Gerber Says Tesla's Stock Decline Renews Focus on Other Challenges for Elon Musk: 'They Make Just 3 Models'

Although Tesla Inc.‘s (NASDAQ:TSLA) second-quarter delivery figures massively exceeded Wall Street estimates, the EV giant’s stock sharply declined despite the positive sales milestone and investor Ross Gerber thinks that is the least of Tesla’s problems.

Benzinga

'Happy Birthday': Ahead of July 4, Trump says he delivered his promise on 'plummeting' oil prices

Former President Donald Trump announced that the Freedom Fuel Network will slash gas prices at 25 Philadelphia-area stations on July 3rd as a "Happy Birthday" gift ahead of America's 250th anniversary. He highlighted falling oil prices, urging other retailers to follow suit and linking the move to his economic agenda.…

The Times of India

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Benzinga

Trump Says This 'Very Smart' Retailer Will Cut Gas Prices in the Northeast, Urges Others to Follow: 'They Love the U.S.A'

President Donald Trump reaffirmed his call for lower gas prices following a decline in global oil costs, noting that the Freedom Fuel Network will lower gas prices in the Greater Philadelphia area ahead of the Fourth of July weekend.

Fortune

‘It’s fair to ask whether it was worth it’: The Iran war has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says

Gas prices, higher interest rates, and taxpayers covering military costs are adding up to quite the bill for American households.

Benzinga

Trump Wants Lower Gas Prices, but Refineries Face Heat Waves, Iran War and a Russia-Ukraine 'Wild Card,' Analyst Says

While President Donald Trump has warned the oil companies to reduce gas prices at the pump to reflect the drop in crude oil costs, GasBuddy analyst Patrick De Haan says reducing fuel costs might be more complicated than it seems.

Evening Standard

Primark owner set for weaker profits as high gas prices to hit sugar arm

It said trading has been ‘resilient’ over the latest quarter despite ‘challenging’ retail conditions in most markets.

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The Independent UK

US consumer confidence inches up as economic pessimism lingers

Consumer attitudes had significantly deteriorated following the Iran war, which triggered a surge in oil and gas costs

The Independent UK

Gas prices drop after Iran tensions ease, but Trump says retailers must cut more

IN FULL

Benzinga

Kevin Hassett Says Gas Prices Will Drop Once Strait Of Hormuz Traffic Returns To Normal—Democrat Senator Calls Recent Price Hike 'Unacceptable'

President Donald Trump‘s top economic advisor, Kevin Hassett, said on Monday that gas prices in the U.S. will come down to pre-Iran war levels once the traffic through the Strait of Hormuz moves normally.

The Independent UK

Trump official claims Americans should drive to red states for cheaper gas

A Trump official told drivers to fill up their gas tanks in "red states," claiming that gas prices there are 53 cents cheaper per gallon than in "blue states."

The Independent UK

Americans prepare Fourth of July weekend plans as gas prices finally drop

IN FULL

The Independent UK

Gas prices plummet ahead of busy July 4 holiday weekend

‘The recent U.S.-Iran framework agreement has helped ease supply fears and pull prices lower,’ one expert said

Barchart

McDonald's Corp Stock May Have Hit Bottom - Ways to Play MCD Stock

McDonald's Corp. stock has tumbled based on fears about how gas prices have affected sales. But it may have been overdone, especially now that gas prices are falling. This article looks at ways to play MCD.

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