For American consumers, the effect of President Trump’s announcement Tuesday that the U.S. would pull out of the Iran nuclear deal was already apparent at their local service stations days ago. Gas prices nationally have climbed about 11% since March, to an average of $2.85 a gallon last week,...

Topics:  american   president trump s   u.s    iran   march   prices   consumer   
BING NEWS:
  • Oil Market ‘Complacent’ About Iran-Sanctions Risks, Rapidan Says
    The oil market is “still complacent” about the geopolitical risks posed by the prospect of heightened sanctions against Iran and Russia, said Bob McNally, president of Rapidan Energy Group. “The next ...
    11/22/2024 - 4:34 am | View Link
  • Trump’s Energy Sanctions Are a Double-Edged Sword for Global Economy
    Trump's second term is likely to see a return to stricter energy sanctions ... global oil supply and drive up prices. “Conceptually, the impact of a potential second Trump term on oil prices is ...
    11/15/2024 - 7:00 pm | View Link
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