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Soybean farmers are struggling with the high cost of fuel, equipment and fertilizer — compounded by the Iran war — and also tariffs.

Output collapsed by 7.88 million barrels a day to 20.79 million a day in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait.

The lightweight metal rose as much as 2.3% on the London Metal Exchange, reigniting a rally driven by supply shortages due to the Middle East war.

The convenience store and gas station operator focused on rural communities in the Midwest and the Southwest is selling 14 million shares for $20 to $23 each.

Slate wants to tap consumer demand for more affordable vehicles with a stripped-down, two-seater pickup that can go 150 or 240 miles on a single charge. 

Brent crude, the international standard, rose back to $100.49 per barrel and is well above its roughly $70 price from before the war.

The preliminary April sentiment index slumped to 47.6 from 53.3 in March, according to the University of Michigan data out April 10.

Analysts say resumption of prewar levels by July “might introduce $15- to $20-a-barrel upside risk to prices.” 

Crude shipments for April are already inching toward about 4.9 million barrels a day based on current loadings, up from 3.97 million barrels a day in March.

Consumer prices rose 3.3% in March from a year earlier, the Labor Department said April 10. On a monthly basis, prices rose 0.9% in March from February.