{"id":8119,"date":"2026-04-06T12:00:21","date_gmt":"2026-04-06T12:00:21","guid":{"rendered":"https:\/\/finavestra.com\/index.php\/2026\/04\/06\/u-s-oil-has-its-biggest-one-day-price-increase-in-six-years-driving-the-cost-of-gas-even-higher\/"},"modified":"2026-04-06T12:00:21","modified_gmt":"2026-04-06T12:00:21","slug":"u-s-oil-has-its-biggest-one-day-price-increase-in-six-years-driving-the-cost-of-gas-even-higher","status":"publish","type":"post","link":"https:\/\/finavestra.com\/index.php\/2026\/04\/06\/u-s-oil-has-its-biggest-one-day-price-increase-in-six-years-driving-the-cost-of-gas-even-higher\/","title":{"rendered":"U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher"},"content":{"rendered":"<p class=\"body-graf\">Oil prices surged Thursday, threatening to further drive up the price of gas as hopes for a near-term resolution to the Iran war faded following President Donald Trump\u2019s address to the nation.<\/p>\n<p><button class=\"styles_subscriptionCTA__LOUeY\"><\/button><\/p>\n<div class=\"styles_textWrapper__vxvko\">\n<p class=\"styles_text__daaVB styles_textLarge__qlzwu\">Subscribe to read this story ad-free    <\/p>\n<p class=\"styles_text__daaVB\">Get unlimited access to ad-free articles and exclusive content.<\/p>\n<\/div>\n<p class=\"body-graf\">Stocks were volatile, with major indexes plunging early in the day before moving higher at the close on shifting headlines about the war in the Middle East.<\/p>\n<div><\/div>\n<p class=\"body-graf\">U.S. indexes recovered their early losses on news that Iran\u2019s deputy foreign minister said his country would outline a \u201cnew navigation regime\u201d in the Strait of Hormuz after the war ended, injecting fresh optimism into markets over the future of the key waterway.<\/p>\n<p class=\"body-graf\">At the closing bell at 4 p.m. ET, the S&amp;P 500 closed up 0.11%, the Nasdaq Composite ended higher by 0.18%, and the Dow Jones Industrial Average fell 61 points. The Russell 2000 index, which tracks smaller companies, rose 0.7%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices surged Thursday, threatening to further drive up the price of gas as hopes for a near-term resolution to the Iran war faded following President Donald Trump\u2019s address to the nation. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Stocks were volatile, with major indexes plunging early&hellip;<\/p>\n","protected":false},"author":0,"featured_media":8120,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-8119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/posts\/8119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/comments?post=8119"}],"version-history":[{"count":0,"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/posts\/8119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/media\/8120"}],"wp:attachment":[{"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/media?parent=8119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/categories?post=8119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finavestra.com\/index.php\/wp-json\/wp\/v2\/tags?post=8119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}