Evan Halper

By American drivers face fresh sticker shock after disruptions from the Iran war intensified in recent days, sending oil over $100 a barrel and national gasoline prices above $4 a gallon.

American drivers face fresh sticker shock after disruptions from the Iran war intensified in recent days, sending oil over $100 a barrel and national gasoline prices above $4 a gallon.

Slower growth could cast a pall on the November midterm elections.

Oil prices briefly topped $100 a barrel. Mortgage rates hit their highest level in nearly a year. The president introduced new tariffs, raising the specter of higher prices on some goods.

Shell's profits for this quarter doubled year on year, as multinational energy companies enjoy a windfall as a result of soaring gas prices since the Iran war.

Exxon and Chevron earning reports fuel political debates over the Iran war and affordability

Evan Halper and Layli Nazarova | Washington Post Show Caption Hide Caption Gas prices surge as travelers face rising costs nationwide

Oil companies have delighted Wall Street this week by reporting multibillion-dollar windfalls in their earnings statements, with ExxonMobil and Chevron on Friday reporting a combined $26.5 billion in

The president criticized Chevron for not giving the administration what he considers adequate credit for the oil major’s financial success.

President Donald Trump on Monday morning accused Chevron CEO Mike Wirth of ingratitude and demanded that the executive lower prices as voter frustration with high gas prices mounts.