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The Latest Breaking News from Gas Prices

EU scrambles to contain energy costs from war in Middle East

European Union leaders are meeting to tackle soaring oil and gas prices driven by the war in the Middle East

The Independent UK

Gas prices surge more than 20% after Iran targets Qatar production

Wholesale gas prices surged this morning after strikes on Qatar’s main production facility.

Evening Standard

Senate Rejects Effort to Halt Trump's Iran Strikes 47-53 — Fetterman Joins GOP as Costs Reach $11 Billion

The US Senate rejects a war powers resolution to end military operations in Iran, marking the third failed attempt. Discover the implications for US foreign policy, taxpayer costs, and rising gas prices.

International Business Times UK

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Bank of England tipped to raise UK interest rates twice this year to fight inflation shock from Middle East crisis, as oil and gas prices rise – as it happened

UK central bank has left rates on hold, and warned that CPI inflation will be higher in the near term as a result of the ‘new shock to the economy’ from Iran war

The Guardian - UK

Soaring gas prices prompt Trump to ease oil tanker rules – how waiving the Jones Act affects what you pay at the pump

The Trump administration temporarily suspended the Jones Act on March 18, 2026, as part of its efforts to bring down soaring U.S. gasoline prices.

The Conversation

Gas prices are through the roof, and one Pennsylvania woman just put Donald Trump on blast for it — live on air

Not everyone is feeling buyer’s remorse yet. But this woman from Pennsylvania, who allegedly voted for President Donald Trump, had a few words to convey in reaction to the soaring gas prices.

The Mary Sue

Vance says surge in gas prices will be ‘temporary’

IN FULL

The Independent UK

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Nat-Gas Prices Rebound as European Gas Prices Surge on Iran Risks

April Nymex natural gas (NGJ26 ) on Wednesday closed up +0.032 (+1.06%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled higher. Short covering emerged in nat-gas futures on Wednesday on carryover support from a +6% surge in European gas prices to a 1-week high after Iran threatened...

Barchart

Five Underrated Used EVs To Help You Through The Impending Gas Crisis

could make fuel prices nGas prices may be about to go up, but there are a lot of reasonably priced EV choices that could make fuel prices not a worry.

InsideEVs

Vance warns Americans of ‘rough road ahead’ as gas prices soar but promises it’s a ‘temporary blip’

Vance’s remarks come as cost of gas in the U.S. continues to rise due to Iran’s closure of the Strait of Hormuz

The Independent UK

Trump officials say gas prices will return to normal in ‘a few more weeks,’ but his own Energy Department says it will be 2027

Government projections don’t see gas prices falling below $3 per gallon until the end of next year.

Fortune

Three-time Trump voter goes off on the president after Iran war spikes gas prices

A three-time Donald Trump voter had some harsh words for the president after gas prices surged amid the ongoing Iranian conflict.

The Independent UK

Tories set to force vote on scrapping fuel duty increase

Oil and gas prices have been driven up as Iran has throttled key shipping routes through the Strait of Hormuz.

Evening Standard

Current price of oil as of March 18, 2026

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

Fortune

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GOBankingRates

4 Best EVs To Purchase During the Iran War’s Gas Crisis

With oil and gas prices rising amid the Iran conflict, these top 2026 electric cars offer long range and savings at the pump. See which EVs stand out.

International Business Times UK

Trump Accused of 'Stumbling Into War' With Iran as Global Oil Routes Face Disruption

Donald Trump's handling of the Iran conflict has led to soaring gas prices and political turmoil, raising questions about his strategic planning.

The Independent UK

Federal Reserve could signal no interest rate cuts this year in wake of Iran war

Fed Chair Jerome Powell is almost certain to announce Wednesday that the central bank has kept its key rate unchanged for the second straight meeting at about 3.6%

International Business Times UK

Woman Who Voted for Trump 3 Times Says He's a 'Worthless Pile of S**t': 'Apparently I'm an Idiot'

A former Trump supporter publicly criticizes the administration over rising gas prices and the Iran conflict, reflecting growing disillusionment within the Republican base.

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The Independent UK

US drivers see gas prices jump to their highest level since 2023 as the Iran war drags on

The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide

The Conversation

Would more North Sea drilling lower UK energy bills? Our analysis says no

As the Middle East conflict intensifies and oil and gas prices swing wildly, the UK has seen renewed calls to drill more in the North Sea. The argument is straightforward: if Britain produces more of its own oil and gas, household energy bills should fall.

Fortune

Current price of oil as of March 17, 2026

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

Axios

Exclusive: Gallego presses DOE on oil reserve as gas prices rise

He asks how the move will affect gas prices and supply in Arizona, as well as questions about the planning process.

The Guardian - UK

Oil and gas prices rise again after Iran attacks production facilities

Brent crude price climbs as operations suspended at Shah gasfield in UAE after Iranian strike

Euronews

Can the Grids Package free the EU from its energy dependence?

US-Iran tensions disrupt Middle East energy routes, driving up oil and gas prices. After the 2022 energy crisis, Brussels launched the Grids Package. Can this plan cut Europe’s reliance on foreign energy?

International Business Times UK

Biden's 2020 Tweet Calling Trump 'Worst President Ever' Goes Viral Again as Iran War Rages

Joe Biden's viral 2020 tweet amid rising gas prices and US-Iran tensions is influencing public opinion, which is turning against Trump's economic policies and military actions, as Biden's words regain relevance today.

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