91ÊÓƵ

Wall Street is cutting its forecasts for the U.S. economy this year, boosting its projections for inflation and unemployment.

Hope for a possible end to the war with Iran is pushing stocks higher again on Wall Street  while oil prices ease.

Dozens of refineries, oil fields, gas plants, ports and other energy infrastructure have been damaged by missile and drone strikes.

Import prices increased 1.3% from the prior month, Labor Department data showed March 25, boosted in part by higher prices for petroleum and natural gas.

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

Amazon.com acquired New York-based startup Fauna Robotics, becoming the latest technology giant to step into the burgeoning consumer humanoid market.

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. 

Iran said foreign ships are allowed to cross the Strait of Hormuz as long as they aren’t supporting acts of aggression against the country and follow certain rules.

The Canadian energy leader pitched increasing natural gas flows to the U.S. to boost LNG exports from the Gulf Coast and meet rising power demand from data centers.

The announcement comes as global flows of fertilizers have been disrupted by the Iran war.