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Europe faces gas squeeze as prices surge amid Iran war

Gas storage facilities across Europe are significantly emptier than usual following a harsh winter, with levels at just 28 percent compared to 58 percent two years ago. The Netherlands' storage stands at only 5 percent, while Germany's...

Al Jazeera

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Why the Iran war is causing a fuel crisis across Africa

The Iran war has disrupted fuel imports across Africa, with countries facing energy shortages, soaring prices and fertiliser supply issues.

Al Jazeera

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How Germans feel about daily fuel price freeze

As escalating tensions in the Middle East drive crude oil prices higher, Germany has introduced a new law to curb fuel price gouging. Many drivers, however, remain doubtful it will bring real relief.

DW News

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Iran war pushes Germany's deficit to 4.2%

Germany's top economic institutes say the Iran war is exposing structural weaknesses that predate the conflict — and warn that without reform, the country risks permanently underperforming its growth potential.

Euronews

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Best gas credit cards to save money at the pump

With gas prices soaring this spring, a gas credit card can lower your fill-up costs. Here are some of the best ones.

Scripps Local

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French truck drivers protest over rising fuel prices

French truck drivers are taking part in a go-slow operation across the country to protest against soaring fuel prices caused by the war in the Middle East and to demand more substantial support from the government.

France 24

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Russia to ban petrol exports

The Russian government is imposing a complete ban on petrol exports. The decision is meant to prevent Russian petrol producers from selling abroad. While Moscow continues to export crude oil and other oil products including diesel, despi...

Al Jazeera

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South Africans load up on fuel as Iran war leads to major price hike

South African motorists headed to gas stations in large numbers in anticipation of record fuel hikes that will come into effect at midnight as the world continues to feel impacts of the Iran war that has affected global oil and fuel prices.

Africanews

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Brussels urges EU states to 'coordinate' in face of oil price hike

The European Commission has urged EU member states to make "timely and coordinated preparations" to secure oil supplies in the face of surging energy prices caused by the Middle East war. U.S.-Israeli attacks on Iran and Tehran's retalia...

France 24

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EU warns energy prices won’t fall quickly after Iran war

The EU has warned that oil and gas prices will not go down any time soon, even if the Iran war ends, citing pressure on fuel supplies and tight global markets, as it prepares support measures for households and businesses.

Euronews

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Australia to halve fuel tax as global energy crisis deepens

A fuel tax break takes effect in Australia, as more countries announce measures to ease the pressure of rising global fuel costs.

Al Jazeera

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Cubans celebrate arrival of Russian oil tanker amid US energy blockade

Cubans were relived on Tuesday to learned that a Russian tanker docked at the Cuban port of Matanzas laden with 730,000 barrels of oil, marking the first time in three months that an oil tanker reached the island.

Africanews

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Salesforce "rebuilding from bottom up" with Slack AI

San Francisco-based Salesforce launched new AI Slackbot capabilities Tuesday, along with more than 30 new features. CEO Marc Benioff says the acquisition of the Slack platform five years ago has given Salesforce an opportunity to become ...

Fox News

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No end in sight for rising gas prices across U.S.

Continued military operations in the Middle East means no relief for consumers hoping for cheaper gas prices. FOX 4's Vania Castillo spoke to an expert on what exactly you're paying for at the pump.

Fox News

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South Africans react as fuel prices surge despite tax relief

Authorities announced a reduction of the general fuel levy by three rand per litre, a measure aimed at cushioning the impact of soaring global oil prices linked to the Iran war. However, the relief has done little to offset one of the st...

Africanews

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JPMorgan head acknowledges struggles across parts of society

The head of JPMorgan Chase is acknowledging that the American dream is slipping out of reach for many. Jamie Dimon says he's on a crusade to change that.

CBS America

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Delta pilots contact wrong tower while landing at LaGuardia

A Delta flight was on its final approach to land at LaGuardia Airport, but the pilots were talking to controllers in the JFK tower about 10 miles away on the wrong radio frequency.

CBS America

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DoorDash driver feels the squeeze as gas prices top $4 a gallon in many states

Drivers in at least 13 states across the country are paying an average price of $4 a gallon or more for gas. Jason Allen spoke to a man who's feeling the strain with his second job as a DoorDash driver.

CBS America

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Farmers, truckers feel pinch of rising energy costs

The average cost of a gallon of regular gas is now over $4 for the first time since 2022, when Russia invaded Ukraine. Diesel prices also rose on Tuesday, reaching $5.45 a gallon. When energy prices rise, the prices of most other goods r...

CBS America

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Inside Apple's codependent relationship with China

As Apple approaches its 50th anniversary, there's greater focus on the relationship the company has to China, which manufactures hundreds of millions of iPhones every year.

CBS America

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Asian governments scramble to contain fuel costs

Geopolitical turmoil and soaring energy costs are rattling financial markets across Asia as governments scramble to address supply disruptions and economic fallout from the ongoing War in Iran and the closure of Strait of Hormuz.

Al Jazeera

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Russian oil tanker docks in Cuba after U.S. allows passage

Cuba used to receive most of its oil from Venezuela, but those shipments were halted ever since the U.S. attacked the South American country and arrested its leader Nicolás Maduro in early January.

Euronews

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Easter eggs smaller, more expensive as cocoa prices remain high

Inflation, war in the middle east, energy prices - consumers really haven't been having a great time of it lately, and we're sorry to report that Easter and its habitual chocolates aren't really going to relieve the gloom either.

France 24

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Iran war energy shock puts ECB on alert

The Iran war has sent oil and gas prices surging and rate hike bets rising, but ECB chief Christine Lagarde says the eurozone is far better placed to absorb the shock than it was when Russia invaded Ukraine.

Euronews

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Why Kharg Island is essential to Iran

Iran's Kharg Island is crucial to the country's economy due to its role as an oil export hub. CBS News' Michael George explains.

CBS News

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Oil above $115 as markets grapple with Trump’s next move

Oil prices climbed higher by early afternoon in Europe, following news about further escalation of the war in Iran.

Euronews

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FAA studying battery fires on planes to address growing concern

The FAA is studying the issue of exploding lithium batteries amid a growing concern over battery fires on planes. Kris Van Cleave shows how they're trying to improve safety.

CBS News

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National average price of gas in U.S. hits $4 per gallon

For the first time since August 2022, the average price of gas in the U.S. has hit $4 per gallon as the Iran war grinds on. CBS News business analyst Jill Schlesinger breaks down how consumers are feeling the economic pinch with the war ...

CBS America

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TSA lines shorten but uncertainty lingers as workers begin to get pay

Security lines at TSA checkpoints improved at airports across the country on Monday as TSA officers started receiving back pay following President Trump's executive order. But uncertainty lingers with Congress on recess and still no fund...

CBS America

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Video shows flames bursting from plane's engine on Delta flight

Passengers on a flight from Sao Paulo, Brazil, to Atlanta captured video of flames shooting from the Delta plane's engine shortly after takeoff. The plane returned safely to Sao Paulo International Airport. Skyler Henry reports.

CBS News