RARE PHOTOS: 8 - The Real Truth

Current price of oil as of July 21, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune · Jul 21

Analyst Warns Gas Prices Entered Uncharted Territory Not Seen Even in 2008

Gas prices in the U.S. crossed the $4 threshold again as escalating tensions between Washington and Tehran amid the U.S.- Israel-Iran war cast a shadow of uncertainty over the global crude oil supply chain.

Benzinga · Jul 21

Gas is back above $4 a gallon as renewed fighting in Iran war causes prices to spike

Consumers have made trade-offs to afford gas, including putting off necessary vehicle maintenance and cutting back on subscription services

The Independent UK · Jul 20

Gas prices spiral over $4 as U.S.-Iran war heats up again, amid warning that 'economic gravity' will soon catch up to American families

"In the Wile E. Coyote scenario, economic gravity eventually exerts itself," wrote UBS's Paul Donovan this morning.

Fortune · Jul 20

US gas prices hit an average of $4 a gallon again as the US and Iran launch attacks

U.S. gas prices have jumped to an average of $4 a gallon again as the U.S. and Iran launch more attacks

The Independent UK · Jul 20

Trump's $3.47 'Freedom Fuel' Promise Backfires? Here's How Much Drivers Are Really Paying

The White House celebrates a drop in inflation to 3.5% in June, citing economic progress, while facing scrutiny over fluctuating gas prices linked to its Freedom Fuel network project.

International Business Times UK · Jul 17

IRS Raises 2026 Mileage Deduction To 76 Cents Per Mile as Higher Gas Prices Drive First Midyear Adjustment in Four Years

The IRS raised the optional business mileage rate to 76 cents per mile from 72.5 cents for eligible travel on or after July 1, giving self-employed workers and businesses a larger deduction as fuel costs remain elevated.

Benzinga · Jul 17

Current price of oil as of July 17, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune · Jul 17

Inflation May Be Cooling, But Many Workers Still Aren't Feeling Richer. Salaries' Data Show Why

Lower gas prices helped ease inflation in June, but many Americans say rising costs for housing, food and other essentials continue to strain household budgets.

International Business Times · Jul 16

Mohamed El-Erian Predicts Gas Prices Will Hit $4 a Gallon by the End of the Month as GOP Blames Democrats' Clean Energy Strategy

Economist Mohamed El-Erian has warned that the national average price of gas in the U.S. will hit $4/gallon by the end of July amid escalations between the U.S. and Iran, as well as uncertainty over the Strait of Hormuz.

Benzinga · Jul 15