Browsing Tag
United States Energy Information Administration
4 posts
U.S. gasoline prices near crisis levels as Strait of Hormuz disruption hits drivers
Iran is far away, but U.S. drivers are paying daily. Gas prices show how a Gulf war can become a household budget shock.
Oil prices rebound as Middle East peace hopes collide with supply fears
Peace hopes hit oil’s risk premium, but falling United States inventories show why crude markets are not ready to relax yet.
US gasoline prices surge 28% since Iran war began as Hormuz closure persists
US gasoline at $4.17 marks a four-year high. The harder question is whether the Iran war stalemate forces Washington or Tehran to blink first.
World’s biggest oil chokepoint closed: What the Iran crisis means for energy prices globally
Iran closes the Strait of Hormuz after US-Israel strikes; Brent crude surges 14% to $83, European gas up 70% as QatarEnergy halts LNG production.