Iran, gas prices and heating oil
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U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Cruise lines face rising fuel costs as oil prices surge 35% during the Iran conflict, threatening profits during peak booking season for summer trips.
Brent crude prices topped $100 this week, and WTI almost did. Oil prices drive gasoline prices -- and much, much more. Oil stock prices already seem to foresee an end to the war. Oil prices are rising (in case you haven't noticed).
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Diesel prices surge to $5 per gallon, highest since 2022, as Iran war disrupts global oil supplies
Fuel prices are likely to keep rising until crude oil flows through the Strait of Hormuz return to normal.
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Why is heating oil more expensive than gasoline?
Receiving a heating oil delivery bill that's out of whack with gas prices is a confounding New England winter rite of passage. As of January 5, 2026, the average U.S. wholesale price for a gallon of heating oil was $2.27. The average residential price ...
Asian buyers are ramping up Russian fuel oil imports to offset severe supply disruptions from the Middle East.
Rachel Reeves says the Treasury is also looking at "different options" to help households most vulnerable to soaring energy bills.
The price gap between sustainable aviation fuel and conventional jet fuel is narrowing, as oil market shocks from the Iran war push fuel prices higher Sustainable aviation jet fuel prices are rising as the Iran war disrupts Middle East oil supply routes.
The money will be for "vulnerable" households who have faced a sharp rise in energy bills since the outbreak of the US-Israeli war with Iran.
Ambassador Mike Waltz tells CNN that the move was “very temporary” and aimed at combating Tehran’s strategy of raising global oil prices. Follow for live news updates.