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

The United States and its Gulf allies have proposed a U.N. resolution threatening with sanctions or other measures if it doesn’t halt attacks on ships in the Strait of Hormuz, stop imposing “illegal tolls” and disclose the placement of all mines to allow freedom of navigation.

The Mayport-based USS Mason was among two Navy destroyers that navigated the Strait of Hormuz and entered the Persian Gulf after dodging an Iranian barrage, CBS News reported.

U.S. forces are guiding commercial ships through the Strait of Hormuz, where hundreds have been stuck since the Iran war began.

The U.S. military says it fired on Iranian forces and sank six small boats as it moved to reopen the Strait of Hormuz.

Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to a modest increase in production starting in June as part of a commitment to “market stability.”.

U.S. President Donald Trump has announced “Project Freedom” to help ships leave the Strait of Hormuz, starting on Monday.

U.S. President Donald Trump says that he’s “not satisfied” with Iran’s latest proposal in negotiations to end war between the countries.

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April.

The U.S. military has boarded another commercial vessel during its blockade of Iran’s ports, but unlike in previous cases, the ship was ultimately allowed to carry on its way.

Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program.

Iran's foreign minister has briefly visited Islamabad again as Pakistan's leaders work to restart ceasefire talks between Tehran and Washington.

The Trump administration is sanctioning a major China-based oil refinery and about 40 shipping companies.

U.S. President Donald Trump is sending envoys Steve Witkoff and Jared Kushner to Pakistan on Saturday to continue talks with Iran.

Businesses have doled out up to $4 million to send ships through the Panama Canal while trying to avoid the Iran war's risks and effective closure of the Strait of Hormuz.

U.S. President Donald Trump says he has ordered the U.S. military to “shoot and kill” small Iranian boats that deploy mines to choke traffic through the Strait of Hormuz.

The U.S. military has seized another tanker associated with the smuggling of Iranian oil.

Confusion is deepening in the Strait of Hormuz after Iran attacked three ships near the crucial waterway that has plunged the world into an energy crisis.

Shares are mixed in Asia and oil prices are little changed as markets watch for the latest developments in the war with Iran.

Oil prices are rising in early trading as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz.

President Donald Trump says the U.S. seized an Iranian-flagged cargo ship that tried to get around its naval blockade near the Strait of Hormuz.

Iran now says the Strait of Hormuz is fully closed until the end of the U.S. blockade on Iranian ports.

Iran has reversed course on reopening the Strait of Hormuz and fired on a tanker attempting to pass the waterway.

Oil prices plunged and the stock market rallied after U.S. President Donald Trump and Iran’s foreign minister said that the Strait of Hormuz is fully open.

Iran says it fully reopened the Strait of Hormuz to commercial vessels, but questions linger about how much freedom ships actually have to transit the waterway as Tehran maintains its grip on the who gets through and threatens to close it again if the U.S. keeps in place its blockade of Iranian ships and ports.

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record.

The U.S. military has widened its efforts beyond the blockade of Iran’s ports.

The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left.

Shares are mixed in Asia, echoing a rally on Wall Street driven by hopes United States and Iran may resume talks to end their war.

News4JAX wants to help you get the most out of the gas in your tank. Mechanic Aaron Nelson from Aaron’s Car Care joins us now to walk us through some simple steps we can all take to cut down on how much gas we consume in our cars to help save us some money.

U.S. stocks rallied to the edge of their all-time high, and crude oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war.

President Donald Trump says the U.S. military has begun a blockade of Iranian ports and coastal areas, and Iran responded with threats on ports in the Persian Gulf and the Gulf of Oman.

U.S. stocks rallied and recovered the last of their losses caused so far by the U.S.-Iran war, as hope remains on Wall Street that the global economy can still avoid a worst-case scenario.

Oil prices are rising in early market trading after the U.S. said it would blockade Iranian ports beginning Monday.

President Donald Trump said the U.S. Navy will swiftly begin a blockade of ships entering or leaving the Strait of Hormuz after U.S.-Iran ceasefire talks in Pakistan ended without an agreement.

U.S. Vice President JD Vance says negotiations between the United States and Iran ended without a peace deal after the Iranians refused to accept American terms to not develop a nuclear weapon.

With a fragile ceasefire agreement between the U.S. and Iran holding for now, China is considering its role in helping find a durable endgame to the war in the Middle East.

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House.

Israeli Prime Minister Benjamin Netanyahu says he has authorized direct negotiations with Lebanon aimed at disarming Iranian-backed Hezbollah militants and establishing relations between the neighbors.

A ceasefire deal between the United States and Iran appears to be in jeopardy.

Former US Ambassador to the UN Nancy Soderberg joined News4JAX anchor Bruce Hamilton on The Morning Show to look at the obstacles to a lasting agreement with Iran and whether or not this is the off-ramp President Trump is looking for to end the war.

President Donald Trump repeated his complaint about NATO after a private meeting with the alliance's Secretary-General Mark Rutte on Wednesday.

Oil prices plunged below $95 per barrel, and stock markets surged worldwide after President Donald Trump pulled back from his threat of devastating attacks against Iran.

Russia and China have vetoed a U.N. Security Council resolution aimed at reopening the Strait of Hormuz.

Iran’s Supreme National Security Council says it has accepted a two-week ceasefire in the war.

U.S. President Donald Trump pulls back on his threats to launch devastating strikes on Iran, swerving to deescalate the war less than two hours before the deadline he set for Tehran to capitulate.

President Donald Trump is suspending his threatened attack against Iran less than two hours before the deadline the president set for Tehran.

Oil prices plunged below $100 a barrel and Asia markets and U.S. stock futures jumped after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.

U.S. President Donald Trump repeated his threat to hit Iran’s critical infrastructure hard if the country’s government doesn’t reopen the Strait of Hormuz by his Monday deadline.

U_S_ President Donald Trump has again warned Tehran over his Monday deadline to open the crucial Strait of Hormuz and allow ship traffic to flow again, and Iran has responded by threatening to open “the gates of hell.”.

U.S. President Donald Trump has threatened Iran over his Monday deadline to reopen the crucial Strait of Hormuz so ship traffic can flow again.

China is stepping up its diplomacy as the Iran war drags on.

Britain has accused Iran of holding the global economy hostage as diplomats from over 40 countries discuss ways to press Tehran to reopen the Strait of Hormuz.

U.S. President Donald Trump’s prime-time address at 9 p.m. EDT offers an update on the progress made toward achieving his goals in the war with Iran, which are to destroy the country’s missile production and Navy, ensure its proxies can no longer destabilize the region and guarantee Iran does not obtain a nuclear weapon.

President Donald Trump is threatening to deploy ground troops to seize critical oil infrastructure on Iran’s Kharg Island.

U.S. President Donald Trump has threatened to target Iran’s energy infrastructure, including its desalination plants.

Saudi Arabia, the United Arab Emirates and other Gulf allies of the United States are urging President Donald Trump to keep prosecuting his war against Iran, saying the month of strikes has not weakened Tehran enough.

Ukrainian President Volodymyr Zelenskyy has made unannounced visits to the United Arab Emirates and Qatar as Kyiv seeks to use its drone expertise to help Gulf Arab states blunt Iran’s attacks while the war in the Middle East rages on.

As gas prices approach $4 a gallon nationally amid the conflict in Iran, some lawmakers are pushing to suspend the federal gasoline tax.

Deep divisions were apparent over the Iran war as top diplomats from the Group of Seven countries have met in France.

President Donald Trump has delayed a threatened U.S. strike on Iran’s energy infrastructure and extended a deadline for reopening the Strait of Hormuz until April 6.

Iran dismissed an American plan to pause the war in the Middle East and launched more attacks on Israel and Gulf Arab countries.

A U.N. Security Council resolution calling for countries to use “all necessary means” to keep the Strait of Hormuz open is facing some opposition for raising the possibility of U.N.-backed military action against Iran.

President Donald Trump started the fourth week of his war against Iran by offering the world some guarded optimism that the U.S. could soon be winding down its military operations.

President Donald Trump is cycling through what seems to be an increasingly desperate list of options as he searches for a solution to the crisis in the Strait of Hormuz.

President Donald Trump has warned that the U.S. will “obliterate” Iran’s power plants if it doesn’t fully open the Strait of Hormuz within 48 hours, prompting Tehran to say it would respond to any such strike with attacks on U.S. and Israeli energy and infrastructure assets.

President Donald Trump on Saturday says the U.S. will “obliterate” Iranian power plants if it doesn’t fully open the Strait of Hormuz within 48 hours.

The U.S. military is deploying three more warships and roughly 2,500 more marines to the Middle East as Iran fires on Israel and energy sites in neighboring Gulf Arab states, sending oil and gas prices soaring.

The Iran war is exposing how much the global economy still depends on fragile fossil fuel supplies.

The United States is deploying about 2,500 Marines to the Middle East as the war with Iran enters a new phase centered on the Strait of Hormuz.

President Donald Trump says he knew oil prices would go up because of the Iran war as the conflict underscores the risks of his relentless focus on fossil fuels while pursuing what he calls American energy dominance.

European Union leaders are meeting to tackle soaring oil and gas prices driven by the war in the Middle East.

European leaders have demanded the reopening of the Strait of Hormuz and a moratorium on strikes on water and energy infrastructure in the Middle East as they met in Brussels to grapple with rising energy prices caused by the war.

The U.S. and Israel’s war with Iran has thrust the Strait of Hormuz into the crosshairs of yet another geopolitical conflict.

We’ve long had your back, now it’s our turn.

About 90 ships including oil tankers have crossed the Strait of Hormuz since the beginning of the war with Iran.

Explosions are sounding in Dubai after the United Arab Emirates reopened its airspace following a brief closure amid incoming attacks from Iran.

A drop in oil prices helped send the U.S. stock market to its best day since the war in Iran began.

President Donald Trump relied on his gut and largely side-stepped diplomatic coordination as he made the decision to launch strikes on Iran with Israel.

Two weeks into the war with Iran, President Donald Trump has increasingly been knocked back on his political heels.

The U.S. is temporarily easing part of its sanctions measures on Russian oil, a reflection of global worries about sharply higher oil prices due to the Iran war.

Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy.

Oil and gas prices have spiked with the war in Iran.

Some commercial ships near or in the Strait of Hormuz and in the Persian Gulf have declared themselves as China-linked since the Iran war began, marine traffic data show, as their operators try to reduce risks of being targeted in attacks.

The International Energy Agency has agreed to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects on energy markets of the war in the Middle East.

U.S. stocks held steadier as Wall Street waited for the next signal on when the war with Iran may end.

The U.S. says it took out more than a dozen mine-laying Iranian vessels, and the Islamic Republic vowed to block the region’s oil exports, saying it would not allow “even a single liter” to be shipped to its enemies.

The Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide.

U.S. stocks rose following a remarkable reversal, as oil prices went from their highest prices since 2022 back below $90 per barrel.

A sell-off for stocks wrapped around the world and hit Wall Street, while oil prices climbed even higher on worries about the widening war with Iran.

The war in the Mideast is sending shudders through global energy markets.

Oil prices have jumped as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf ripple through the global energy supply chain.

Iran has announced the temporary closure of the Strait of Hormuz for live fire military drills.

Rainfall this week on Iran's Hormuz Island has briefly transformed the coastline of the famed Red Beach into a striking natural scene.

Iran seized a Marshall Islands-flagged oil tanker as it traveled through the narrow Strait of Hormuz on Friday.

If oil prices are any measure, Iran just flinched.

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most important oil chokepoint.

Global markets appear to have taken the U.S. strike against nuclear targets in Iran in stride as investors awaited moves by Iran.

U.S. stocks rallied, and oil prices tumbled on hopes that Iran will not disrupt the global flow of crude, even with the United States’ entry into its war with Israel.

An oil tanker held by Iran for over a year after being seized has reached international waters.