Shaky US-Iran ceasefire reignites concerns over fuel prices
Gas pump in Buffalo Grove, Illinois on June 25. (Nam Y Huh/AP) July 9, 2026 8:14 am, EDT key takeaways: Oil prices rose after President Donald Trump ended the US armistice with Iran following tanker and military attacks near the Strait of Hormuz. Rising crude oil costs threaten to push gasoline and diesel prices higher,