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Oil

Gas prices ease slightly as potential US-Iran deal raises supply hopes

  • Jun 20

Scientists were 'right' about climate: Al Gore

  • Jun 18
AP Photo/Nam Y. Huh

Oil and gas supplies could take months to return to normal: experts

  • Jun 15
AP Photo/Nam Y. Huh

Oil prices fall to lowest level since March

  • Jun 15

Tentative deal reached to end Iran war, Trump stops US naval blockade

  • Jun 15

Live updates: Iran walks away from talks, Tasnim says

  • Live Updates
  • Jun 2

Trump says framework of Iran peace deal to be announced

  • Live Updates
  • May 25

Iran updates: Trump says 'TIME IS OF THE ESSENCE' for deal

  • Live Updates
  • May 18

Latest Videos

4:03

Trump says he canceled scheduled strikes against Iran as talks proceed

  • Jun 11
1:36

DOJ probing $2.6 billion in oil trades related to Iran war, sources say

  • May 7
1:19

Average US gas prices top $4.50 a gallon, highest in nearly 4 years

  • May 6
2:21

Iran fully opens Strait of Hormuz, Trump says

  • Apr 17
1:53

Fresno County supervisors calling for increase in US oil production

  • Mar 23, 2022
0:21

Crews battle fire at oil refinery in Bakersfield

  • Jan 19, 2018
1:42

Law enforcement threatens to block supplies to Dakota Access Pipeline protesters

  • Jun 17, 2017
0:28

Oil refinery flares cause evacuations in Benicia, Calif.

  • May 28, 2017

Latest Stories

AP Photo/Jacquelyn Martin

Trump floats suspending the federal gas tax amid rising prices

President Trump said on Monday that he would like to temporarily suspend the federal gas tax as prices soar due to the war in Iran.

  • May 11
AP Photo/Jacquelyn Martin

Iran updates: Trump says he'll suspend federal gas tax to help address high fuel prices

  • Live Updates
  • May 11
AP Photo/Julia Demaree Nikhinson

DOJ probing $2.6 billion in oil trades related to Iran war, sources say

The Department of Justice is investigating a series of suspiciously timed trades in the oil market just ahead of major announcements by President Donald Trump and a top Iranian official about the war in Iran, sources told ABC News.

  • May 7
AP Photo/Damian Dovarganes

Is California at risk of a gasoline shortage amid the Iran war? Experts explain

The average price of a gallon of gasoline in California clocks in at $6.13, standing 36% higher than the national average. Some elected officials in the state have warned of a potential oil and gas shortage that could push prices up even further in the Golden State.

  • May 6
AP Photo/Damian Dovarganes

Average US gas prices top $4.50 a gallon, the highest in nearly 4 years

The average price for a gallon of regular unleaded gas across the country jumped to $4.54 on Wednesday.

  • May 6