#oil-and-gas

Trump said he doesn't believe "you could ever have peace" with Iran, and renewed his threat to resume U.S. attacks after the midterms.

Diesel hit a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022.

President Trump said the U.S. will begin "topping out" its strategic petroleum reserve with Venezuelan oil under last week's agreement. But that's unlikely to provide much relief to Americans facing sustained high gas prices. Olivia Gazis has more details on the unprecedented agreement.

The national average for a gallon of gas reached $4.003 on Monday, the first time in over a month it has crossed that threshold, AAA data shows.

As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.

Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.

The U.S. and Israel began their war against Iran Feb. 28, and U.S. law requires congressional authorization for a war to go beyond 60 days.

Under the 1973 War Powers Resolution, a U.S. president needs to withdraw troops 60 days after reporting their deployment to Congress...