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Conservative 'Squawk Box' host tussles with Scalise over gas prices 

A conservative TV host pressed House Majority Leader Steve Scalise (R-La.) on Thursday about rising fuel prices across the U.S. as the war in Iran stretches past 60 days. The average cost of gas has skyrocketed amid the ongoing conflict, hitting the highest level in four years on Tuesday. The national average as of Thursday morning...

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Trump discusses extended Strait of Hormuz, Iran blockade with energy executives

President Trump on Tuesday discussed extending the blockade on Iranian ports in the Strait of Hormuz and how to minimize the impact to consumers during a meeting with energy executives at the White House, a White House official told The Hill. The development comes after the Wall Street Journal reported on Wednesday that Trump told...

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BP doubles its profits as Iran war elevates oil prices

BP earned $3.2 billion in the first quarter, the energy giant reported Tuesday — an exponential increase in its profits that beat market projects amid the rising cost of oil due to the Iran war. It’s the company’s highest profit in three years and first reported sign of growth under CEO Meg O'Neill, who was...

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Gas prices at highest level since beginning of Iran war

The average cost of gas in the U.S. on Tuesday reached its highest level in four years — a result of skyrocketing energy prices triggered by the U.S.-Israeli conflict with Iran. The national average reached $4.18, a 40-percent jump since the conflict began on Feb. 28, according to data from AAA. States in the West...

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77 percent blame Trump for gas prices: Survey

A majority of Americans believe President Trump is to blame for a surge in gas prices, as the conflict with Iran continues to strain the global economy, according to a new survey. The Reuters/Ipsos poll, released Friday, found that roughly 77 percent of registered U.S. voters said Trump bears at least some responsibility for the...

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Trump economic approval drops to 30 percent in new polling

President Trump’s fiscal policies are becoming increasingly unpopular amid economic strains resulting from the Iran war, according to new polling. The Associated Press-NORC Research Center survey, released Wednesday, showed the president’s economic approval rating slumped down to 30 percent this month. This is an 8-point decrease from March and 9-point fall from February.  The April...

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