The Latest Breaking News from Gas Prices

UK gas prices hit three-year high – here’s what it means for your bills

The prices are up but still less than a quarter of the level seen during Russia’s invasion of Ukraine

The Independent UK · Aug 19

US gas prices reach highest ever recorded for August amid stalled talks with Iran

Energy prices have been high since the US-Israel war with Iran began and the strait of Hormuz was blocked

The Guardian - US · Aug 17

Trump’s Iran war drops US oil reserves to a 40-year low with gas prices skyrocketing

IN FULL

The Independent UK · Aug 17

Vance says keeping gas prices low ‘goal number one’ for Iran war

Vice President JD Vance moves to reassure voters that the Trump administration is working to resolve the conflict and bring down the cost of oil, which has spiked with the blockading of the Strait of Hormuz

The Independent UK · Aug 14

Current price of oil as of Aug. 14, 2026

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

Fortune · Aug 14

US wholesale inflation slows as gas prices, food costs fall in July

Wholesale inflation saw a notable decrease last month, easing price pressures. Gas prices reversed some earlier increases, contributing to this cooling trend. Core wholesale inflation also dropped, indicating broader price moderation across sectors. This development provides the Federal Reserve more flexibility regarding interest rate decisions. Consumer prices continue to outpace…

The Economic Times · Aug 13

Wholesale price inflation slows last month as gas, food costs fall

Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead

The Independent UK · Aug 13

Analyst Says US Gas Prices Hit ‘Highest Ever Level’ This Late in Year: ‘Never Been Above…’

U.S. gasoline prices have crossed a threshold never seen this late in the year, according to GasBuddy analyst Patrick De Haan, as tensions with Iran continue to roil energy markets.

Benzinga · Aug 13

Gas prices hit their highest mark ever for mid August as Trump’s Iran war drags on

Gas prices have hit a historic high as the president insists that the U.S. is in control of the Strait of Hormuz and has crippled Iran’s military

The Independent UK · Aug 12

The Trump Administration's Hormuz Oil Numbers Don't Add Up

Energy Secretary Chris Wright claims that more oil left the Middle East in a day than before the war. But the industry isn’t buying it—and gas prices are still high.

Reason · Aug 12