Your fuel pump pushes fuel from your gas tank through your fuel lines to your engine. Then, your fuel injectors are responsible for spraying just the right amount of gas into your combustion chambers ...

Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Gas prices hit $3.72 per gallon on ...

A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore, the world’s top bunkering hub, to cut back their ...

US diesel rose above $5 a gallon for the first time since December 2022, the latest sign of surging fuel price pressures menacing the global economy as the war in Iran continues to disrupt energy ...

A Shanghai-based start-up claims to have mastered a technique for producing synthetic petroleum at low cost from air and water, as China intensifies efforts to develop alternatives to traditional ...

Cruise lines are facing headwinds as rising oil prices push their fuel costs higher amid the Iran war, as analysts are warning that Carnival could see the biggest hit to its 2026 profit. Oil prices ...

Petrol and diesel prices have jumped over the past two weeks as the Iran war pushes up oil prices. Diesel prices have risen by an average of 18p per litre from 142.4p to 160.3p since the US and Israel ...

U.S. diesel prices have surged 34% to $5.04 per gallon since the U.S. attacked Iran. Diesel is essential to the U.S. economy. The fuel is used in trucks, trains and barges that transport goods to ...

Fleet operational costs rose 21.3% in 2022 over the previous year, says a leading trucking industry research group, and the culprit last year was an all-too-familiar one: fuel, the cost of which rose ...

Unless government steps in to soften the blow, fuel prices will increase by between R5.53 and R11.63 per litre on Wednesday, 1 April. At the end of the four weeks used to calculate April’s changes, ...

"Today’s report provides immediate and concrete measures... to shelter consumers from the impacts of this crisis," says IEA Executive Director Fatih Birol. "The war in the Middle East has created the ...

The US-Israel war on Iran has rattled global energy markets, as countries scramble to secure fuel, conserve supplies and rethink exports. Tehran has effectively halted most traffic through the Strait ...