WASHINGTON DC - Michigan drivers heading into the Memorial Day holiday weekend could soon face gasoline prices approaching $5 per gallon as the escalating Iran conflict rattles global oil markets and raises fears of prolonged supply disruptions through one of the world’s most important energy corridors. The national average price for regular gasoline has climbed
ANN ARBOR - Americans are now paying hundreds of millions of dollars more every single day just to fill their gas tanks—and a significant share of that money is flowing straight into the profits of global oil companies. Even before the latest price surge tied to tensions with Iran, the oil industry was already generating
ANN ARBOR - Michigan drivers are already feeling skyrocketing fuel prices at the pump—and it could get worse within days. Gas prices across the state have surged toward $5 per gallon, jumping nearly a dollar in just a couple of weeks. Now, a growing conflict involving Iran is raising the risk of another spike that
ANN ARBOR — This is where inflation hits you first—and hardest. What if filling your tank cost $300 a month? For many Michigan drivers, that reality is getting closer—and it doesn’t stop at the pump. If gas prices climb to $5 per gallon, a typical driver using about 15 gallons a week would spend roughly
DETROIT - Michigan drivers looking for quick relief at the pump may have to wait, even after Iran said it would reopen the Strait of Hormuz to commercial shipping on Friday. Gas prices across the state remain near their highest levels of 2026. The statewide average stood at $3.98 per gallon earlier this week, with
ANN ARBOR — A sudden escalation in Middle East tensions is rippling through the global economy, and Michigan businesses may soon feel the impact in the form of higher fuel costs, rising prices, and renewed pressure on supply chains. The flashpoint is the Strait of Hormuz, a narrow shipping corridor that handles roughly one-fifth of
DETROIT - Michigan shoppers may soon feel a new wave of price increases at the grocery store—and the cause starts far from the checkout line. Rising fuel costs, driven by global tensions involving Iran, are beginning to ripple through the economy. While drivers are already seeing higher prices at the pump, economists warn the next
ANN ARBOR - Michigan drivers hitting the road for Easter weekend are facing a familiar reality—higher gas prices and the potential for even more increases in the days ahead. But here’s the part many drivers overlook: where and when you fill up could save you real money on your trip. Compared to last Easter, gas
DETROIT - Oil prices are climbing and analysts warn a wider Iran war could trigger another global energy shock similar to the 2022 crisis. Michigan gasoline prices are already rising as global oil markets react to the expanding conflict involving Iran and growing fears that fighting in the Middle East could disrupt one of the
