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July 4 gas prices will be the highest since 2022

A line chart that tracks average U.S. regular gasoline prices, in dollars per gallon, from Jan. 1 to July 1, 2026. Prices rose from $2.8335 to a peak of $4.5641 on May 21, after a low of $2.7951 on Jan. 11, then fell to $3.847 by July 1.

Average U.S. regular gasoline prices

Macro

Axios Macro

Jobs report shows weaker-than-expected hiring in June

A column chart that shows monthly changes in U.S. nonfarm payrolls from June 2025 to June 2026. Payrolls ranged from minus 156,000 in February 2026 to 214,000 in March 2026. Gains turned positive in four of the final five months, ending at 57,000 in June 2026.

Change in U.S. nonfarm payrolls

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios

The world is suddenly awash in oil — for now

Trump's "Swiss Army" tools on Iran: Vance and Rubio

Oil transit is rebounding — but fresh hurdles arrive

U.S. and Iran agree to halt strikes, hold talks in Qatar this week: U.S. officials

Behind the scenes: How shared fear of Iran led to an Israel-Lebanon deal

U.S.-Iran ceasefire could go up in flames

The Republican Party is starting to turn on Israel

U.S. launches fresh Iran strikes as Trump threatens to "complete the job"

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