3 weeks ago - As of Monday, the national average for a gallon of gas was $3.86 per gallon nationwide after hitting about $4.50 in recent months. Crude oil is hovering around $70 a barrel after topping ...

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2 weeks ago - Gas is nearly $4 again and diesel just topped $5. It’s not what you think ... Trump Accounts are now live. Here’s what you need to know ... Something isn't loading properly. Please check back later. ... President Donald Trump during a meeting with NATO Secretary General Mark Rutte at the NATO summit in Ankara, Turkey, Wednesday, July 8, 2026. ... Link Copied! ... Three weeks of fragile peace bought President Donald Trump some time and leverage over Iran. But not too much. After Trump signed the Memorandum of Understanding with Iran on June 18, oil prices tumbled, sinking below pre-war levels by last week. The oil market cheered as the Strait of Hormuz reopened somewhat, and crude started gradually flowing out of the Persian Gulf after getting stuck there for months. Gas prices have been slowly falling back down to Earth, too. But three weeks of a partially reopened strait wasn’t enough time to overcome the biggest oil supply shock the world has ever seen.

3 days ago - It was the first time a US oil company declared publicly that it would increase production because of the war. “We’re not giving it away now,” Hamm said as US crude hovered around $100 per barrel, up more than 60% on the year.

Barron Trump reportedly purchased $30 million worth of oil just 48 hours before the outbreak of hostilities with Iran. This significant investment occurred just as the global energy market began to...

March 19, 2020 - WASHINGTON, D.C. – At the direction ... Petroleum Reserve (SPR) to its maximum capacity by purchasing 77 million barrels of American-made crude oil....

March 19, 2020 - This initial purchase comes as oil has fallen to about $25 per barrel, down from roughly $50 a month ago and a steep decline from the average $60 pricetag for oil already in the reserve.

March 12, 2026 - It read: "JUST IN: Barron Trump bought $30 million of OIL just 2 days before the war started."

March 6, 2026 - As oil prices surge amid the escalating US-Israel-Iran conflict, social media posts claim Barron Trump invested $30 million in oil just 48 hours before the war began. The viral claims have sparked widespread online discussion and criticism ...

March 18, 2021 - The price of oil cratered during Trump’s last year in office, reaching $3.32 a barrel the week of April 24, 2020. Consumers at the time paid the lowest prices at the pump in nearly 30 years, with gas declining to a national average of $1.77 ...

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2 weeks ago - A cargo ship appears anchored in the Strait of Hormuz off Bandar Abbas, Iran, on June 30, 2026. ... The Trump administration had been playing with a lousy hand: The world lost 1.4 billion barrels of oil supply during the war, according to JPMorgan, ...

4 weeks ago - President Donald Trump has accused America's biggest oil companies of ripping off drivers at the gas pump - ordering the Justice Department to investigate after crude prices plunged but retail prices did not fall as quickly as he wanted.

3 weeks ago - US President Donald Trump has said he has ordered an investigation into major energy companies, accusing them of "gouging" drivers by not cutting fuel prices after wholesale oil costs fell on global markets. Speaking to reporters in the White House on Wednesday, Trump said "gasoline prices should be much lower at the pump" as he named Chevron, ExxonMobil, Shell and BP. His remarks come after wholesale oil prices fell from peaks reached during the US-Israel war with Iran and are now close to levels seen before the conflict started. The American Petroleum Institute (API), which represents the oil and gas industry in the US, said fuel prices "don't move in lockstep with crude oil". The BBC has contacted Chevron, ExxonMobil, Shell and BP for comment. "Oil prices have come down so much and we are not seeing anything at the pump by comparison the way they should be," Trump told reporters in the Oval Office.

1 week ago - Although down significantly from its peak during the worst of the fighting, the recent jump pushed oil back above its prewar price of around $72 a barrel, where it had hovered for several days.

January 7, 2026 - With oil trading at roughly $56 a barrel, the transaction Trump announced late Tuesday could be worth as much as $2.8 billion.