Reuters
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Gas prices hit home as Iran tensions flare again | Morning Bid
Posted
May 26, 2026
Views
6,919
Likes
112
Comments
20
Engagement
1.91%
May 26, 2026
6,919
112
20
1.91%
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6:39Now PlayingWeekend hopes for a U.S.-Iran breakthrough fade after fresh American strikes on southern Iran, though markets are treating the move as a possible push toward agreement rather than escalation. Oil is up around 2% Tuesday, reversing only part of Monday's losses. Plus, high fuel prices are hitting consumer confidence hard, with U.S. readings near record lows and UK retail sales unexpectedly falling last month. A fresh U.S. confidence update is due today.
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