‘The Big Money Show’ panel discusses the escalating conflict with Iran, the deaths of two U.S. service members in Jordan, rising oil prices and concerns Tehran used sanctions relief to rebuild its military.
The AAA national average price for regular gas is back above $4 again amid the U.S. war with the Islamic Republic of Iran.
As of July 21, the AAA national average for regular fuel is $4.019, up from yesterday’s average of $4.003, the week-ago average of $3.859 and the month-ago average of $3.938. The year-ago average was much lower at just $3.141.
In a statement provided to Fox News Digital on Tuesday, White House spokeswoman Taylor Rogers said, “As the U.S. military degrades the terrorist Iranian regime’s ability to attack commercial vessels and disrupt the free flow of energy through the Strait of Hormuz, oil and gas prices will plummet back to pre-conflict levels. President Trump remains committed to unleashing American energy dominance, cutting costs, and putting more money back in the pockets of hardworking American families.”
IRS RAISES BUSINESS MILEAGE DEDUCTION RATE AMID FUEL PRICE SURGE
A person pumps gas at a BP station on March 17, 2026, in the Kensington neighborhood of the Brooklyn borough in New York City. (Michael M. Santiago/Getty Images / Getty Images)
“Every time Iran kills an American Soldier they will pay for that killing many times over! This directive has been passed on to Secretary of War, Pete Hegseth, Chairman of the Joint Chiefs of Staff, Daniel Caine, and every Leader in the Military,” President Donald Trump asserted in a Monday Truth Social post.
Former Rep. Marjorie Taylor Greene, who left Congress early this year after a falling out with the president last year, responded to Trump’s comments by writing in a post on X, “Our American soldiers wouldn’t be getting killed if you weren’t fighting an unnecessary war against Iran to open the Strait of Hormuz that was already open before you went to war. End the war. In your 1st term in 2019, gas was under $2 and inflation was 1.8%, DO THAT AGAIN!”
ARMY IDS 2 VICTIMS KILLED IN JORDAN AIR BASE ATTACK; TRUMP: IRAN WILL PAY ‘MANY TIMES OVER’
U.S. President Donald Trump looks on during a bilateral meeting with the Prime Minister of Iraq, Ali al-Zaidi, in the Oval Office of the White House on July 14, 2026, in Washington, D.C. (Andrew Harnik/Getty Images / Getty Images)
House Minority Leader Hakeem Jeffries, D-N.Y., declared in a Monday post on X, “Gas prices are back above $4 per gallon. The Republican war of choice in Iran is making life more expensive. Why is Pete Hegseth still around?”
U.S. Central Command (CENTCOM) noted on Monday that it had “completed another round of strikes against Iran at 9 p.m. ET, July 20.”
TRUMP WEIGHS IRAN WAR EXPANSION AS FRESH US STRIKES TARGET HORMUZ SHIPPING THREATS
U.S. House Minority Leader Hakeem Jeffries, D-N.Y., speaks during a news conference at the U.S. Capitol Building on July 13, 2026, in Washington, D.C. (Anna Moneymaker/Getty Images / Getty Images)
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“U.S. forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites, and air defense systems to degrade Iran’s ability to continue attacking commercial vessels flowing through the Strait of Hormuz. Commercial vessel transits through the vital international maritime corridor continue. Since early May, CENTCOM forces have helped facilitate the transit of approximately 900 commercial vessels and 450 million barrels of crude oil,” the release noted.
