Bob McNally

High fuel prices have made it harder for Trump and his Republican Party to defend narrow congressional majorities in the November 3 midterm elections

EU countries in crisis talks over release of diesel stocks

All three men wear suits and ties

Alaska Republican Senator Dan Sullivan is calling for a temporary halt to U.S. diesel exports as fuel prices surge, weeks after gasoline in one of the state’s remote villages soared to over $26 a gallon

Diesel, the most important fuel on the planet, is so expensive that some Republicans want President Donald Trump to stop exporting it to friends and allies

Diesel has risen to a record $6.50 amid ongoing supply constraints from the Iran war and other global pressures, exposing a significant political vulnerability for the Republican Party only weeks out from the midterms

Diesel futures in Europe closed at an all-time high last week having more than double their level at the beginning of 2026, after supply disruptions spread to the Red Sea, where Saudi Arabia loads most of its diesel

Both benchmarks had initially climbed more than 3 per cent after markets opened, reported Reuters

Saudi Arabia’s crown prince and de facto ruler, Mohammed bin Salman, has spent years trying to build a very different Middle East, with wide-ranging social and economic changes aimed at transforming the ultra-conservative kingdom into a global business hub in a more prosperous and integrated region

The Iran war has lasted far longer than many expected — and so has a functioning oil market

US diesel hits record $6 a gallon on Iran supply shock

What began as a bid for swift victory has become a conflict with no clear endgame

Persistent pump pain and pricey burgers mean this summer's last hurrah comes with a cost crunch

Ontario Premier Doug Ford answered Trump’s “Lake America” decree Saturday with a billboard-sized message on the Canadian shoreline — “Lake Ontario. Now and Always” — as Canadian leaders met the move with ridicule rather than outrage

With prospects for peace fading again, both gas and diesel resumed their upward path, with gas at $4.07, while diesel reached $5.47 nationally

Oil Prices Up Amid New Middle East Fighting

Trump’s $2.25 gas demand clashes with wartime energy shocks and market realities

Gas prices hit four-month high as Iran war stokes supply fears

U.S. companies signed roughly $60 billion in agreements and partnerships with the Iraqi government Friday, including deals intended to create alternative routes for shipping oil out of the Persian Gulf

The latest projects come as regional oil producers attempt to shield their economies from a conflict that has reshaped global energy markets since the United States and Israel launched military operations against Iran earlier this year

Yemen fighting and Houthi shipping attacks deepen strain on oil markets

The latest projects come as regional oil producers attempt to shield their economies from a conflict that has reshaped global energy markets since the United States and Israel launched military operations against Iran earlier this year

In response, the US Central Command launched attacks on over 80 targets including more than 60 Islamic Revolutionary Guard Corps (IRGC) small boats in Hormuz strait

Ariel Cohen is a D.C.-based contributor who covers energy and security

Nations embraced low-carbon energy sources like nuclear, and built up the liquefied natural gas industry to ship more fossil fuels around the world

Nations embraced low-carbon energy sources like nuclear, and built up the liquefied natural gas industry to ship more fossil fuels around the world

Trump-Iran accord lifts hopes for lasting Gulf peace, pulls panic premium from oil

While details remain scarce, President Donald Trump has said that the two sides already signed a memorandum of understanding ahead of an official ceremony in Switzerland on Friday

U.S. crude inventories have declined sharply amid strong refining demand and rising exports to offset supply disruptions caused by the Iran war, with storage levels at the key Cushing, Oklahoma, hub nearing operational lows—heightening concerns about supply tightness

The route offers an alternative passage through Kurdistan to Turkey's Mediterranean port of Ceyhan

The Energy Department’s current reserve is located in a series of salt caverns in Texas and Louisiana

America’s emergency oil reserve is dropping toward levels not seen since the 1980s, as the United States rapidly drains its supplies to stabilize global energy markets rattled by the war with Iran

Gas prices have decreased in most U.S. states, but the price relief may be short-lived if negotiations between the U.S. and Iran sour

Workers are maxing out overtime, halting retirement contributions and facing difficult choices as some data shows the wealth gap widens to its largest in a decade

The White House has spent months accelerating permits for data centers, power generation and semiconductor manufacturing, while regulators scramble to keep up with the electricity demands of AI

More recently, money managers and dealmakers have grown used to similar support from the Middle East

Energy ministries begin speculating over how far prices could climb and how extensive a crisis might become

West Texas Intermediate Futures are down since Friday but bounced back some on Tuesday with mixed messaging on a possible Iran deal over the long weekend

West Texas Intermediate Futures are down since Friday but bounced back some on Tuesday with mixed messaging on a possible Iran deal over the long weekend

Cracking towers stand beside access roads at the Ruwais refinery and petrochemical complex, operated by Abu Dhabi National Oil Co

Republican rep brushes off rising gas prices because that’s ‘the world we live in’

Cautious reopening lifts tanker movements while war risk and costs stay elevated

Inflation is racing back to life, real wages are shrinking and voters are blaming President Donald Trump for $4.50-a-gallon gas

Robert Rapier is a chemical engineer covering the energy sector

Donald Trump’s Iran war hits Americans with $40bn fuel bill

President Donald Trump announced Monday his plan to reduce the 18-cent federal gas tax for an unspecified period, citing soaring U.S. fuel prices due to the Iran war

Trump quickly announced the pause of ‘Project Freedom,’ citing ‘great progress’ with Iran towards a permanent peace deal

Trump quickly announced the pause of ‘Project Freedom,’ citing ‘great progress’ with Iran towards a permanent peace deal

As the U.S. Memorial ‌Day weekend approaches and with it peak summer driving season, surging pump prices pose a ​major political risk for President Donald Trump and his Republican party as they campaign for midterm elections in November

The national average cost for a gallon of gas stood at $4.53 Wednesday — up from $2.98 two days before the conflict erupted February 28

The United States produces so much oil that millions of barrels of crude are sent overseas every single day