Scott Horsley

A report from S&P Global shows businesses are already hiking prices at the fastest pace in three and a half years.

Scott Horsley, NPR News, Washington.

Forty-five percent of Americans say they're concerned about being able to afford gasoline in the coming months.

That's according to a new survey from the Associated Press and the National Opinion Research Center.

AAA says the average price of gasoline nationwide now tops $3.98 a gallon.

That's up about a dollar since the war with Iran began.

Crude oil prices have eased a bit on hopes for a negotiated end to the conflict.

The U.S.

benchmark for crude has dropped below $90 a barrel.

The leader of the European Central Bank is warning businesses may be quick to raise prices in response to the wartime surge in energy costs.

A report from S&P Global shows businesses are already hiking prices at the fastest pace in three and a half years.

Scott Horsley, NPR News, Washington.

AAA says the average price of retail gasoline has jumped to $3.98 a gallon.

Diesel prices have jumped by nearly $1.60 a gallon.

The head of the International Energy Agency says the U.S.-Israeli war with Iran poses a, quote, major, major threat to the global economy.

The Labor Department says U.S.

workers were not as productive in the fourth quarter, as initially reported.

Productivity rose at an annual rate of 1.8 percent during October, November, and December.

Oil prices are climbing again as intense bombardment continues from Tehran to Tel Aviv.

AAA says the average price of retail gasoline has jumped to $3.98 a gallon.