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California is highly exposed to the disruption rippling across commodity markets because it imports about 20% of its refined fuels from Asia.

The average cost for a gallon of diesel in California rose to the highest level ever as the war in Iran disrupts global energy shipments. 

The company’s first property in the northeastern U.S. is in Newark, N.J. Four more properties were added in Miami and California, Outpost said March 19.

Democratic Gov. Gavin Newsom’s office blasted the lawsuit, noting it comes as gas prices climb amid the Iran war and as some drivers consider going electric.

Oil drillers in California have resorted to the costly alternative of trucking crude barrels 50 miles after the closure of a refinery and idling of a key pipeline cut off outlets for their products.

President Trump is preparing to invoke Cold War-era powers to pave the way for renewed oil production off the Southern California coast, a long-shot bid to help ease the global crude crunch.

Garden Grove, Calif.-based chassis and truck manufacturer Harbinger said the truck would be available as both a battery-electric vehicle and a plug-in hybrid model.

The Democratic attorneys general and governors in the lawsuit argue that Trump is overstepping his power with planned 15% tariffs on much of the world.

Kenworth introduced the C580 heavy-haul truck to replace the C500, pairing a proven severe-duty chassis with a new cab. The Paccar unit has set production to begin in January 2027.

Shareholders including Blackstone, Carlyle Group, Hellman & Friedman and the Abu Dhabi Investment Authority are offering the shares, according to a filing the morning of March 3.