Trump is frustrated gasoline prices don’t mirror oil’s decline. Experts say it’s not that simple
U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran.
U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran.
Karen Young, a senior research scholar at Columbia University's Center on Global Energy Policy, says Secretary Rubio is visiting Gulf allies to reassure them their interests are represented in the deal - but that it might be a tough sell, amid worries that America's commitment to the Gulf states is "not what it used to be."
President Trump has ordered the DOJ to investigate oil companies over claims they are too slow to lower gas prices despite falling crude costs. Karen Young, senior research scholar at Columbia Universityâs Center on Global Energy Policy, called the move âpolitical theater,â saying thatâs ânot really how gasoline prices workâ in the U.S.
Two economic planning documents released at the March meeting of China's National People’s Congress include the term "energy powerhouse" for the first time.
Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis.
The war in Iran is not just another energy shock. It is arriving at a moment when Europe is already under cumulative strain: a war on its eastern border, the lingering aftershocks of the 2022 energy crisis, industrial decline, political fragmentation, fiscal limits, and a widening debate over how much of its own security it must now provide.