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The Latest Breaking News from Gas Prices

US gas prices dip below $4 for the first time since March

U.S. gas prices are just barely below an average of $4 a gallon nationwide on Thursday, shortly after President Donald Trump signed an agreement with Iran that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country

The Independent UK

EV Registrations Have Rebounded After Months Of Decline

Higher gas prices could be causing buyers to consider EVs again.

Motor1

GM Sees Truck Demand 'Shrinking' Due To High Gas Prices, Just In Time For Its New V8

A General Motors executive admitted that increased fuel prices are driving consumers away from expensive trucks and SUVs.

Motor1

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California Rideshare Drivers Move Toward Unionizing, Following Massachusetts

Uber and Lyft drivers in both states say low pay, rising gas prices and a lack of transparency in how they're compensated have fueled organizing efforts.

Capital & Main

Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer

Shoppers stepped up their spending in May, surpassing economists' expectations, as temperatures warmed and gasoline prices cooled

AAP

Retail sales up a strong 0.9% in May, underscoring the resiliance of the US consumer

Shoppers stepped up their spending in May, surpassing economists' expectations, as temperatures warmed and gasoline prices cooled

AAP

Retail sales up a strong 0.9% in May, underscoring the resilliance of the US consumer

Shoppers stepped up their spending in May, surpassing economists' expectations, as temperatures warmed and gasoline prices cooled

AAP

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Martin Lewis Reveals Falling Gas Prices Could Bring Cheaper Energy Deals for UK Households Within Days

UK households may soon benefit from cheaper fixed energy deals as wholesale gas prices drop, following eased US-Iran tensions. However, the energy price cap remains high, limiting immediate savings.

International Business Times UK

Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal Oswal

Natural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied natural gas exports. Future growth is expected as new export facilities come online. Data centers are also becoming a new source of demand. The market is seeing…

The Economic Times

The Electric Scooter Market Continues to Grow in 2026 — What's Driving Consumer Adoption

As gas prices rise and cities embrace micro-mobility, more Americans are turning to electric scooters for everyday transportation, recreation, and last-mile commuting.

inkl

Spanish households save €10 a month thanks to renewables expansion, report finds

Thinktank says decoupling electricity from gas prices has also helped shield Spain from hikes caused by Iran war

The Guardian - UK

Trump's Iran accord offers exit from war and fresh political risks

A landmark agreement has been reached between the Trump administration and Iran to end their conflict and reopen the Strait of Hormuz. This development offers global market relief. However, the deal faces internal Republican opposition and skepticism from allies. Gas prices are expected to fall but remain elevated. The accord's…

The Economic Times

Rural America turns on Trump: President’s approval rating slips to new low in poll

Respondents cited gas prices and Trump’s handling of the economy

The Independent UK

Despite Trump’s Iran deal don’t expect gas prices to come down soon – and weather might keep them elevated

Consumers have paid $59 billion more for gas this year since February 28 than they did in 2025

The Independent UK

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We Got This Covered

Secretary of the Interior claims high gas prices are Democrats’ fault and in some states, ‘self inflicted’

“You can thank Gavin Newsom for that.”

The Economic Times

Trump's support in rural America slips as fuel and food prices climb, Reuters/Ipsos poll shows

In a challenging political landscape, President Trump faces an uphill battle with rural Americans, whose approval ratings are slipping. The sharp rise in the costs of essentials like fuel and groceries is weighing heavily on their minds. Farmers, in particular, are caught in a bind with rising operational expenses and…

AAP

America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire

Rising gas prices pushed inflation to its highest level in three years, new data showed this week, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

The Guardian - US

US consumer sentiment improves in June due to easing gas prices

Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows

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Fortune

Current price of oil as of June 12, 2026

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

AAP

US households, businesses stung by higher energy prices that have pushed inflation above 4%

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

AAP

Inflation hits 3-year high, highlighting affordability challenge for Americans

AAP

Inflation hits 3-year high on spike in prices, highlighting affordability challenges for Americans

AAP

Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges

AAP

Inflation rises to a 3-year high on spiking gas prices, squeezing Americans financially

Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat rising costs pose for the Trump administration as midterm elections near

The Independent UK

Inflation likely reached 3-year high last month as Iran war spikes gas prices

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