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Strait of Hormuz blockade ripples through global economy
MSNBC· 2026-03-13 04:27
and investors are no longer bracing for the worst case scenario in Iran they're in it the International Energy Agency warned today that the war has caused quote the largest supply disruption in the history of the global oil market President Trump has said that the US Navy would escort oil tankers if needed and that the conflict will be over soon but his advisors have dialed back those reporting vessels through. It'll happen relatively soon but it can't happen now. We're simply not ready, but it is short-ter ...
X @Cointelegraph
Cointelegraph· 2026-03-12 23:00
🇺🇸 UPDATE: 48% of Americans blame Trump for high gas prices, per a Morning Consult poll reported by Axios. https://t.co/Gwj3SKqTox ...
Trump is 'at great risk' in dismissing Americans' affordability concerns: Economist
MSNBC· 2026-03-12 17:50
Paul McDuffie is on the ground in Hellam Township, Pennsylvania. He's been speaking with farmers for us. Sam Stein is managing editor of The Bulwark and an MSNOW contributor.And Jared Bernstein served as chair of President Biden's Council on Economic IT'S GREAT TO HAVE ALL OF YOU HERE. SAM, IT WAS JUST LAST NIGHT THE PRESIDENT SAID THE WAR HAS BASICALLY ALREADY BEEN WON. WHAT IS YOUR SENSE OF THE LEVEL OF DISCONTENT BETWEEN THE PRESIDENT AND HIS LONGTIME SUPPORTERS RIGHT NOW.Well, I think there's a couple l ...
X @Forbes
Forbes· 2026-03-12 17:00
Trump Could Waive Century-Old Jones Act In Bid To Lower Gas Priceshttps://t.co/UDKkGDVVC3 https://t.co/mwAZhd9TYB ...
X @Forbes
Forbes· 2026-03-12 16:44
In a post on Truth Social, Trump insisted the U.S. was the largest oil producer in the world, and “when oil prices go up, we make a lot of money.”But average gas prices have naturally spiked alongside oil prices—now costing consumers an average of $3.59 per gallon as of Thursday, according to AAA.Continue reading: https://t.co/HAsiGFpCbX📸: Andrew Harnik via Getty Images ...
How Trump’s Iran War And Rising Gas Prices Threaten Republican Midterm Plans
CNBC· 2026-03-12 16:30
In the last week or so since the bombing of Iran, the cost of gas has gone up $0.50% to $0.60%, and that's already having an impact on Americans and something that Democrats are seizing on. Even though Americans only spend a fraction of their earnings on gas compared to other things like foods and home, gas prices are incredibly prominent. So we are here at the Trump National Doral, Miami, because this is where House Republicans have decided to have their annual issues conference.We're putting an end to all ...
X @Watcher.Guru
Watcher.Guru· 2026-03-12 12:48
JUST IN: 🇺🇸 Average US gas prices rise to $3.60 for the first time since May 2024. https://t.co/dwU8JRwWA1 ...
Trump 'has lost touch with reality' claiming lower prices as gas prices soar, Sen. Ossoff says
MSNBC· 2026-03-12 03:50
last night in marjorie taylor green's former congressional district in georgia a democrat won that's right the top vote getter in last night's election in that very conservative trump-supporting district in georgia was democrat retired Brigadier General Sean Harris. General Harris will face Trump-endorsed Republican Clay Fuller in a special runoff election on April 7th to replace Marjorie Taylor Greene in Congress. In other good news for Democrats in Georgia, our next guest, Senator John Ossoff is leading i ...
NBC Nightly News Full Episode - March 11
NBC News· 2026-03-12 02:17
>>> BREAKING NEWS TONIGHT, PRESIDENT TRUMP SAYING HE WILL TAP THE NATION'S STRATEGIC PETROLEUM RESERVE TO STOP GAS PRICES FROM CLIMBING AS THE WAR WITH IRAN CHOKES GLOBAL OIL SUPPLIES. >>> RIGHT NOW, A NEW BARRAGE OF STRIKES LIGHTING UP BEIRUT AS OIL WARFARE ESCALATES THE FIERY EXPLOSION AT AN OIL DEPOT. NEW STRIKES ON SHIPS IN THE STRAIT OF HORMUZ.IRAN HOLDING THE CRITICAL TRADE ROUTE CAPTIVE TONIGHT. >>> COUNTRIES AGREEING TO A HISTORIC RELEASE OF STOCKPILED OIL. WILL IT SLOW SURGING PRICES HERE IN THE U. ...
Trump taps strategic oil reserve to drop gas prices as Iran War sparks strikes across Middle East
NBC News· 2026-03-12 00:00
And good evening. We begin tonight with the president's emergency move to slow the surge in gas prices in America. President Trump late today announcing he plans to tap into the strategic petroleum reserves which is essentially fuel the US stores up for dire situations.It comes just as Iran crosses a new line attacking at least three ships moving through the straight of Hormuz, a vital passageway for oil. This is a Thai tanker burning a fire smoldering inside its hall. Iran apparently hitting energy infrast ...