Economy Jun 16 Higher prices for gas, groceries and flights will outlast Iran war, analysts say By Mae Anderson, Associated Press
Economy Jun 10 Watch 6:41 As Iran war drags on, spiking energy prices send inflation to 3-year high Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices,… By Geoff Bennett, Jackson Hudgins
World Apr 22 Watch 3:14 Iran targets ships in Strait of Hormuz as U.S. talks remain uncertain Iranian forces attacked and seized at least two ships in the contested Strait of Hormuz as a standoff over when or whether to return to negotiations continued. The Trump administration said it did not consider the attacks violations of a… By Liz Landers, Doug Adams
Nation Apr 22 Watch 5:19 Hormuz standoff the 'largest supply shock' ever experienced, says global energy expert Traffic through the Strait of Hormuz has come to a virtual standstill since the U.S. and Israel attacked Iran almost two months ago. Around 20% of the world's petrochemical production normally flows through the strait, and the ripple effects of… By Geoff Bennett, Dan Sagalyn
Economy Mar 30 WATCH: Fed Chair Powell addresses energy price spikes, challenging job market in Harvard conversation Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. By Michael Casey, Associated Press
Oct 29 Watch 6:00 How data center power demand could help lower electricity prices By John Yang, Courtney Norris, Jenna Bloom The latest Consumer Price Index shows that the average electric bill went up more than 5% from September 2024 to September 2025. That's faster than the inflation rate for the same period. Conventional wisdom blames the demand for power on… Continue watching
May 29 ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise By Michelle Chapman, Associated Press ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive profits. Continue reading
Oct 11 Exxon Mobil to buy Pioneer Natural for $59.5 billion, doubling down on fossil fuels as energy prices surge By Michelle Chapman, Associated Press Including debt, Exxon is committing about $64.5 billion to the acquisition announced Wednesday, leaving no doubt of the Texas energy company's commitment to fossil fuels as energy prices surge. Continue reading
Sep 13 August inflation rises due to higher gas prices, yet underlying core measures cooled By Christopher Rugaber, Associated Press Excluding the volatile food and energy categories, so-called core prices rose 4.3 percent, down from 4.7 percent in July and the smallest increase in nearly two years. Continue reading
Oct 18 EU faces battle to keep energy prices from tanking struggling economy By Raf Casert, Samuel Petrequin, Associated Press European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies do not further weaken their struggling economies and foment unrest. Continue reading