The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon ...

The U.S. oil blockade is pushing the island and its communist regime to the brink of collapse ...

Gasoline prices on Long Island hit a record high of $5.05 cents in June 2022 following U.S. sanctions on Russia in response ...

Carroll Tower, a 194-apartment public housing development in Providence, Rhode Island, was built in 1974. For more than 50 years, residents there relied on electric baseboards for heating and their ...

This is the arcane term for when the price of a commodity on the futures market grows more expensive the sooner it’s set to be delivered — and cheaper the later it’s set for delivery. Futures markets ...

Iran is scrambling to get a massive crude carrier to Kharg Island, in a sign that President Trump’s blockade is bringing the regime’s oil-critical hub — which controls roughly 90% of Iranian crude oil ...

It’s not every day that a reporter shows up to your house with a calculator and asks you to do some math. But Jose Juste was up for the challenge. Juste and his family live in a three-bedroom colonial ...

There seems to be little movement on the resumption of talks between the U.S. and Iran. There is also almost no movement through the Strait of Hormuz, the vital bottleneck that's essentially cut off ...

America is the world's leading oil producer. The United States is less reliant on foreign oil than at times in the past. And of the oil we do import, only 8% comes from the Middle East. Why, then, ...

Alexa Herrera is a digital producer with the CBS News New York web team. She previously worked with WUFT and WTSP in Florida as a digital producer. She's a Long Island native. NYCHA residents across ...

Supply shocks are driving up the price of oil. NPR's Ayesha Rascoe speaks to Kevin Book from ClearView Energy Partners about how the war in Iran is impacting the oil market. The price of a barrel of ...