$50 billion in oil lost in 50 days of Iran war, analysis finds

The war in Iran has shaken up financial markets and the oil industry, so much so that an estimated $50 billion in oil has not been produced globally since the war began, according to a Reuters analysis.

Businesses adding 'gas surcharges' onto customers
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The war in Iran has sent gas prices soaring, and now major companies are responding by raising their rates. FOX 's Amy Galo learns how customers are starting to feel the ripple effects.

Inflation 2026: Gas prices drove March numbers up to levels not seen in years

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, shifting the trajectory further away from the Fed’s target.

Gas prices impacting small businesses across the Valley
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As gas prices reach an average cost of $4.70 across Arizona, Valley businesses are starting to feel the pinch. FOX 10's Steve Nielsen hears from Cactus Crew Thrift Shop, who says the cost to run a diesel truck has nearly doubled. 

Ways to save money on gas amid Iran war price hikes

Loyalty programs, tracking apps and paying with cash can help save money on gas as prices remain high this spring and summer. Here are some specific tips.

Trump admits gas prices could remain high through November elections

President Donald Trump acknowledged in a Sunday interview that gas prices may rise after peace talks between the U.S. and Iran to end the ongoing war stalled.

Inflation may see its largest increase in years as gas prices surge

The battle against inflation hit a new roadblock as soaring gas prices are affecting consumers wallets, while complicating the Federal Reserve's path toward lowering interest rates.

Indiana to suspend gas tax for one month as prices surge

Indiana is hitting pause on its gas tax as prices surge amid Middle East tensions. Here's what to know.

Phoenix gas remains stagnant as crude oil prices drop amid ceasefire deal with Iran
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The closing of the Strait of Hormuz has impacted the price of oil, but the price of a gallon of gas hasn't gotten better. FOX 10's Steve Nielsen learns more on how long it could take to get relief at the pump.

Gas price relief may take time despite oil falling, experts say

While relief at the pump may take several days, prices are still above pre-war averages following the ceasefire announcement regarding the conflict in Iran.

Where gas prices are the highest: A state-by-state breakdown of the average price of gas

The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs. 

Gas hits almost $10 a gallon in this coastal California community

Gas prices have been soaring, leading to a lot of pain at the pump, but a station in a scenic community along California’s coast just might take the cake, with premium gas going for $9.99 a gallon.

Push for fuel blend waiver could save Arizonans 50 cents per gallon
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With the national average for a gallon of gas reaching $4 for the first time since 2022, Arizona lawmakers say they are working to bring down prices. FOX 10's Ashlie Rodriguez learns about the fuel blend waiver that could bring savings of up to 50 cents a gallon. 

Adults loving Easter, Arizona Diamondbacks, gas prices | FOX 10 Talks
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FOX 10 Anchors Marc Martinez & Steve Nielsen talk about the biggest news stories of the day. Meteorologist Cory McCloskey joins to talk about why adults are getting in on the fun of Easter. Plus, Sports Executive Producer Mark Malerich talks about the Arizona Diamondbacks, Phoenix Suns & Arizona Wildcats. Plus, Ivan Drury discusses car trends with all the rising gas prices.

Arizona lawmakers push for fuel waiver to cut gas prices amid ongoing Iranian war

Arizona lawmakers and Senator Ruben Gallego are pushing for an EPA fuel blend waiver to bypass expensive summer gasoline, potentially saving drivers 40 to 50 cents a gallon.

Diesel prices hit record highs across Arizona

According to AAA, diesel prices are hitting record highs across parts of Arizona — including Phoenix, Yuma, and the West Valley, with diesel selling for $6.04 per gallon in Peoria.

Diesel spike driving up prices for AZ drivers
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Phoenix diesel prices are now the highest on average ever. Experts warn as the war in Iran drags on, the diesel spike is driving up prices for Arizona families. FOX 10's Jacob Luthi reports.

Oil has surged since the Iran conflict, but gas prices may not be done rising

Crude prices have spiked following supply disruptions tied to the Iran conflict -- and some analysts say the full impact on gas prices is still yet to be felt.