Petrol Prices Strain US Households as Chevron and Exxon Profits Soar
Low-income US households spend over 10% of their monthly income on petrol amid rising prices, while major oil companies report record profits.
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Low-income US households spend over 10% of their monthly income on petrol amid rising prices, while major oil companies report record profits.
Showing 1-24 of 47 articles.
world
President Donald Trump will unveil an expanded pledge to protect U.S. households from rising electricity costs linked to data center growth driven by artificial intelligence demand.
CNA Latest News | Jul 22, 2026, 5:38 PM
business
The Liberal Democratic Party moves forward with a plan to reduce the food tax from 8% to 1% for two years starting April, amid rising food prices and funding uncertainties.
Nikkei Asia | Aug 3, 2026, 10:09 PM
global-institutions
UN agencies report continued violence in Gaza and Lebanon despite ceasefire agreements, with critical shortages and high food prices worsening humanitarian conditions.
UN News | Aug 3, 2026, 10:08 PM
politics
President Trump criticized U.S. oil companies for profiting excessively from elevated oil prices caused by the Iran war and called for lower gasoline prices to ease financial strain on Americans.
CBS Politics | Aug 3, 2026, 9:54 PM
world
Former US President Donald Trump demands oil companies lower gasoline prices, attributing Chevron’s success to his administration’s policies amid ongoing tensions with Iran.
Al Jazeera | Aug 3, 2026, 3:02 PM
world
The Bank of Japan signals concerns over persistent inflation risks driven by global AI-related demand, alongside energy shocks and a weak yen, potentially prompting further interest rate hikes.
CNA Latest News | Aug 3, 2026, 9:02 AM
world
Authorities in Ho Chi Minh City uncover a smuggling network that brought in diamonds worth more than US$57 million, shaking consumer confidence in the local jewelry market.
South China Morning Post World | Aug 3, 2026, 4:56 AM
world
The federal government's temporary fuel excise reduction concludes on August 3, leading to expected increases in petrol and diesel prices amid rising global oil costs.
ABC Australia News | Aug 2, 2026, 9:24 AM
world
Record-low water levels in the Danube River have forced Hungary to halt operations at its sole nuclear power plant, raising concerns about potential power shortages and increased electricity costs.
Deutsche Welle | Aug 2, 2026, 2:33 AM
world
Rescue efforts conclude at a Kumamoto shopping centre following a deadly explosion triggered by a magnitude 7.1 earthquake, with officials confirming no one remains unaccounted for.
South China Morning Post World | Aug 1, 2026, 1:31 PM
business
Fuel retailers in India absorbed significant losses in the quarter through June to protect consumers from rising energy costs linked to the U.S.-Iran conflict.
Nikkei Asia | Jul 31, 2026, 4:52 PM
world
Economic growth in the United States slowed sharply in the second quarter of 2026, driven by supply shocks from tariffs and rising oil prices, according to a recent BEA report.
Al Jazeera | Jul 30, 2026, 11:33 PM
world
Iran’s recent missile strike on a US base in Jordan signals a controlled confrontation aimed at maintaining pressure on Washington without escalating to full-scale war.
BBC World | Jul 30, 2026, 5:39 PM
business
Prime Minister Sanae Takaichi advances a $30 billion reduction in the consumption tax on food to ease household inflation pressures despite fiscal challenges.
Nikkei Asia | Jul 30, 2026, 12:29 PM
world
Prime Minister Sanae Takaichi announced plans to reduce the sales tax on food from 8% to 1% for two years starting April 2027, aiming to ease living costs amid concerns over Japan's fiscal health.
CNA Latest News | Jul 30, 2026, 5:22 AM
world
Higher oil prices linked to Middle East tensions have led Japan's government to reduce its economic growth outlook for the current fiscal year, while projecting a budget surplus return in 2027.
CNA Latest News | Jul 30, 2026, 3:01 AM
politics
The Trump-era Federal Trade Commission is probing a major merger in veterinary distribution as pet owners face soaring expenses and increasing debt.
Daily Caller | Jul 29, 2026, 7:54 PM
general
Wall Street saw modest gains while Brent crude prices fell following a pause in U.S. and Iran attacks and renewed efforts to restart war negotiations.
Washington Times News | Jul 27, 2026, 6:33 PM
general
Seven individuals from different countries share how the ongoing conflict in Iran has altered their daily lives and livelihoods, amid warnings of rising global poverty.
Washington Times News | Jul 27, 2026, 4:50 PM
politics
The U.S. Strategic Petroleum Reserve is nearing critical depletion as geopolitical conflicts and coordinated releases strain global oil supplies.
Daily Caller | Jul 24, 2026, 1:16 AM
general
Diesel prices surged from $3.56 to $5.13 per gallon following the Iran conflict, impacting transportation costs across multiple sectors and threatening to increase prices for everyday essentials in the U.S.
Fox News Latest | Jul 22, 2026, 9:25 PM
us
With midterm elections approaching, President Donald Trump remains indifferent to the mounting costs and public disapproval of the ongoing war in Iran, despite growing concerns among Republicans and voters.
Guardian US | Jul 22, 2026, 9:14 PM
general
Diesel prices surged from $3.56 to $5.13 per gallon following the Iran conflict, increasing transportation costs that ripple through the U.S. economy and impact everyday essentials.
Fox News Latest | Jul 22, 2026, 8:31 PMShowing 1-24 of 47 articles.