Walmart warns petrol rationing may hit US consumers as Iran war drives gas prices up 35-50% since March, threatening discretionary spending across the economy.

Motor oil prices are rising rapidly and some industry executives are warning of imminent shortages caused by the war with Iran.

Gasoline prices are up more than 50% since the start of the war in Iran. Can average Americans protect themselves from those higher costs?

Brent crude tops $100 as the Iran war disrupts Strait of Hormuz oil flows. G7 releases 400M barrels from reserves ahead of peak travel season demand.

The retail giant has deliberately kept prices down on everyday necessities amidst tight household budgets, with U.S. gasoline prices exceeding $4 a gallon and inflation remaining…

Walmart warns petrol rationing may hit US consumers as Iran war drives gas prices up 35-50% since March, threatening discretionary spending across the economy.

Higher fuel prices due to the war with Iran could lead to higher price tags for consumers on the Walmart shelf.

Global oil inventories are declining fast with just four to six weeks until gasoline, diesel and jet fuel prices shoot higher, analysts said.

In total the rising fuel costs have resulted in a $175 million hit to Walmart’s operating income, the retail giant says

La gasolina y el diésel alcanzaron niveles inéditos desde el inicio del conflicto en Oriente Medio; alimentos y bienes básicos podrían estar entre los más expuestos por el aumento…

What happens in the Strait of Hormuz does not stay in the Strait of Hormuz. The US-Iran war may be centred in the Middle East, but its economic tremors are now rattling wallets…