Brent crude, the international standard, rose 1.9% to $90.92, well above the roughly $72 per barrel level it was at before the war started in late February.

GM’s brighter outlook came despite a tough second quarter. The company has kept profits up by keeping inventory low and maintaining higher prices on its most profitable models.

The Houthi militant group in Yemen threatened shipping in the Red Sea as the U.S. and Iran exchanged strikes for a 10th consecutive day.

At present, Goldman sees Brent at $80 a barrel in the fourth quarter, and $75 next year, predicated on a de-escalation of tensions in the Middle East.

The new tariffs will take effect in 30 days, according to a senior administration official who briefed reporters July 20 on the decision.

The state “identified irregularities in certain driver knowledge test results that may indicate instances of cheating," a spokesperson told Transport Topics.

ADM is beefing up its management as it expects clearer U.S. biofuels policy and renewed soybean trade with China to improve the farm economy.

In just months, Syria has gone from shipping none of the fuel to making up more than a quarter of Middle Eastern volumes.

ACT Research reported preliminary net data showed orders decreased 9% to 13,500 units. They were also 35% below what was reported for May.

The offer highlights mounting risks in the Strait of Hormuz after 59 commercial ships were attacked and 17 seafarers died.

Diesel is having its worst year in a decade. Early 2026 brought a supply shock tied to conflict in the Middle East, and prices jumped more than 40% in under two months. By spring, national averages were running $3.78 to $3.81 a gallon...

The U.S. commercial tire market requires more than product availability; it demands reliable supply, strong value, and tires engineered for the conditions fleets face every day.

Branden Coté, a former executive at AutoNation, will take over the marquee Jeep division Aug. 3. Matt VanDyke, a former Ford, will lead the Ram truck brand. 

Ford said the new money for the Essex plant will support the manufacturing of even larger engines. Many of those parts are shipped to Ford’s U.S. assembly plants. 

The deal, expected to close in the late third quarter, expands Magnolia's presence in the Eagle Ford Shale basin of south Texas.

The number of Chinese truck companies operating in Mexico has surged, creating fresh tension as Mexican negotiators seek relief from U.S. tariffs.

The attacks on vessels controlled by Dynacom will unnerve the industry and underlines just how perilous the crossing has become since the recent escalation of violence on both sides.

Brent crude, the international standard, fell 0.4% to $87.77 per barrel but still remained much higher than prewar levels.

Fuels have spiked faster than crude since the U.S.-Iran war caused the oil market’s biggest supply disruption. The “real bottleneck” is in refining, Morgan Stanley said in a note. 

Lucid Group Inc., the electric vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.