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The states where higher gas prices could shape the midterms

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The map of price hikes shows highest increases are mostly in states that lean Republican.
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Environment

‘Hormuz has to reopen’: Why the oil industry can’t help Trump tame rising gasoline prices

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Oil industry executives say much of the administration’s messaging on supply disruptions from the Iran war has discouraged drilling.
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Environment

Trump officials rule out oil export ban in meeting with industry execs

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U.S. benchmark West Texas Intermediate crude climbed during the session, crossing $101 per barrel from $67 per barrel before the war.
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Environment

Trump administration may unsanction some Iranian oil as energy prices spike, Bessent says

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The Treasury secretary said the Trump administration has several “levers” to pull as war in the Middle East roils oil markets.
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