All posts tagged: @CL26M

Americans should expect higher gas prices for ‘a little while’

Americans should expect higher gas prices for ‘a little while’

Published by Sam Flores

President Donald Trump speaks during a health-care affordability event in the Oval Office of White House in Washington, April 23, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Thursday said Americans should anticipate paying higher gas prices “for a little while” as a result of the Iran war, without specifying a timeline. But Trump said he is in no rush to make a peace deal with Tehran, while claiming the war has had less of an impact on both stocks and oil prices than he had expected. “I have to be honest, the stock market is at an all-time high right now. I thought it would have been down 20, 25 percent,” Trump told reporters in the Oval Office who had asked how much longer the war will last. “I thought oil would go up to maybe $200 a barrel. And oil is a very different number than anyone thought,” Trump said. “In fact, this country is much lower [than others] because we have all the oil we can use.” Brent oil …

Ships attacked as Trump extends Iran ceasefire

Ships attacked as Trump extends Iran ceasefire

Published by Sam Flores

In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. U.S. Navy | Getty Images Iran’s navy on Wednesday said it had seized two container ships in the strategically vital Strait of Hormuz, shortly after the U.S. extended the ceasefire and as diplomats seek to bring the countries together for peace talks. Iran’s Revolutionary Guard Navy said in a statement that it had seized the ships for what it claimed were maritime violations and transferred them to Iranian shores, according to state media. CNBC could not independently verify the claim. The announcement came after U.K. maritime authorities said two ships had been attacked in the Strait of Hormuz. Iranian media reported a third vessel had also been targeted by the country’s military. Read more U.S.-Iran war news International benchmark Brent crude futures with June delivery traded 0.5% …