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Warren Urges FTC to Combat Price Gouging Amid Iran Conflict

3/24/2026

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Summary

Story summary

Senator Elizabeth Warren (D-Mass.) urged the Federal Trade Commission to monitor potential price gouging by corporations amid the Iran conflict.
She and other lawmakers warn businesses may exploit the situation to unjustly raise prices.
Gas prices in Maryland have risen to an average of $3.87 per gallon.
Republican lawmakers proposed a 30-day gas tax holiday, and Democrats oppose it citing budget concerns.

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Story summary

Senator Elizabeth Warren (D-Mass.) urged the Federal Trade Commission to monitor potential price gouging by corporations amid the Iran conflict.
She and other lawmakers warn businesses may exploit the situation to unjustly raise prices.
Gas prices in Maryland have risen to an average of $3.87 per gallon.
Republican lawmakers proposed a 30-day gas tax holiday, and Democrats oppose it citing budget concerns.