The conflict with Iran stretches into its third week, Iran continues to threaten shipping in the critical Strait of Hormuz and Energy Secretary Chris Wright tells NBC News that gas prices could drop by the summer. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Subscribe to Here's the Scoop podcast: https://www.nbcnews.com/heres-the-scoop-daily-podcast Every day, NBC News helps people ...

As the war enters its third week, US military officials say 6,000 Iranian military targets have been struck, including ballistic missile sites and air defense systems, and that Iran's navy has been rendered quote combat ineffective. Yet, Iran continues to maintain its strangle hold over a tiny elbow of water called the Straight of Hormuz. It is the only route connecting oil rich countries in the Persian Gulf to the rest of the world.A crucial 21-m wide waterway for a fifth of the world's oil. Normally 130 c ...

Gas Prices Near $3.70 As Iran War Enters Third Weekhttps://t.co/jQ1TaSSv1D https://t.co/hv1rW85Fde ...

JUST IN: 🇺🇸 Average US gas prices rise to $3.70 for the first time since April 2024. https://t.co/H3poOpRQHk ...

And joining me now is energy secretary Chris Wright. Secretary Wright, welcome to Meet the Press. >> Thanks for having me, Kristen.>> Thank you so much for being here. I want to start right there on gas prices top of mind for Americans. Since the war began, the national average price for gasoline is up 24% and diesel prices have jumped 32%.Mr. . Secretary, when can Americans expect to see the price of gas come down. >> Yeah, after the conflict is over, you'll start to see prices come back down.But that the ...

Good Sunday morning. With the war in Iran entering its third week, President Trump told me in a phone interview Saturday that Iran has been defeated militarily. He also said Thrron is ready to make a deal, but the terms aren't good enough yet, declining to say what those terms are.The president added that he is hearing the new supreme leader is dead, but did not provide evidence. And all eyes are on the straight of Hermoose, one of the world's most vital shipping lanes for oil. Iran has all but shut it down ...

RT Remarks (@remarks)JUST IN: 🇺🇸 Vice President JD Vance says thereason gas prices are where they are today is because of President Trump's work.Average US gas prices rose to $3.65 the highest since May 2024 due to the war with Iran. https://t.co/jhySbrq7Om ...

The strikes there have been threatening economic upheaval. Donald Donald Trump claimed that this was all wrapping up. He started the week trying to calm the oil markets with words, but they are reacting to a lot more than words at this hour.Overnight we saw the images that sent shockwaves across the THESE OIL TANKERS ON FIRE IN THE PERSIAN GULF AFTER IRANIAN STRIKES. IT HAS ALSO STOPPED SHIPS FROM REACHING THE CRUCIAL STRAIGHT OF HORMUZ, THE KEY WATERWAY WHICH IS ABOUT 20 % OF THE WORLD'S OIL SUPPLY MOVES T ...

Oil prices are surging and we know that high gas prices are bad for low-income consumers. So, what does this mean for dollar stores. Dollar General shares fell as much as 9% on Thursday after it reported slightly disappointing guidance for this fiscal year.Surging gas prices aren't always bad for dollar stores. If you look at the oil price shock of 2008, dollar stores initially took a hit to their sales as low-income consumers started getting squeezed by high gas prices. But sales really started picking up ...

Good Friday morning. A frightening day of violence in America. >> Two possible terror attacks on a place of worship and a school.It is March 13th. This is Today Chaos in Michigan. An armed suspect ramming a vehicle through the doors of a synagogue near Detroit.That driver killed in a confrontation with security guards. And the FBI is now on the case. We are leading the investigation right now as a targeted act of violence against the Jewish community.>> What we're learning about the suspect's background thi ...