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Global automakers' new yardstick is defined by rapid-fire development cycles, software-first design and relentless cost compression born of China’s EV boom.

Fatih Birol said at Australia’s National Press Club that the war has had a worse impact on oil than the two oil shocks of the 1970s combined.

Relief is ripping through financial markets after President Donald Trump said the U.S. has talked with Iran about a possible end to their war.

Truckers willing to haul hay for cattle rescued from Nebraska’s largest wildfire are being sought and offered a stipend to offset high fuel prices.

Economists are monitoring both the inflationary and demand impacts from soaring prices of gasoline, diesel and other petroleum products. 

The strikes sent fuel prices soaring and risked drawing Iran’s Arab neighbors directly into the conflict.

The volume of goods trade is forecast to rise by 1.9%, markedly weaker than a 4.6% jump in 2025 that was partially attributed to AI.

Ongoing tensions in the Middle East are amplifying volatility in global supply chains, Cosco said.

The attacks added to fears the energy crisis triggered by the closure of the Strait of Hormuz may cause lasting damage to oil and gas production.

Tehran warned of imminent retaliation against refining, petrochemical and natural gas assets in the region after its own giant South Pars gas field was struck.