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The average on-highway price of diesel in California was $7.219 a gallon on March 30, a 44.7% increase compared with $4.99 a gallon on March 2.

Production of a new U.S.-made EV will begin this year, followed by another model in 2027; that will bring its total EV lineup in the U.S. to seven models.

The company delivered 358,023 vehicles worldwide in the first quarter. It’s the second consecutive quarter that Tesla has fallen short of projections.

Britain accused Iran on April 2 of holding the world's economy hostage as diplomats from more than 40 countries held talks.

The price of Brent crude, the international standard, jumped 6.5% to $107.72. per barrel. Benchmark U.S. crude rose 11.3% to $111.44 per barrel.

Stellantis is discussing options for building electric vehicles in Canada with its Chinese partner, Zhejiang Leapmotor Technology, according to sources.

Soaring fuel prices from the Iran war are forcing oil traders into longer, stranger journeys, sending cargoes on routes that would normally make little sense.

Financial markets muddled through the first two months of the year. Then came the war in Iran.

With crude oil surpassing $100 a barrel, stopgap measures are helping, but they're not adding up to enough oil to replace what's stranded, experts say.

Stocks are rushing higher worldwide, and oil prices are easing April 1 as hopes build that the war with Iran could end soon.