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Ford's top EV executive is leaving the company as part of a sweeping reorganization to merge its EV and manufacturing operations.

The U.S. and Iran are considering a two-week ceasefire extension to allow more time to negotiate a peace deal, according to a person familiar with the matter.

Treasury Secretary Scott Bessent said he was “optimistic” that the price of gasoline will abate over the summer driving season, retreating back to $3 a gallon.

Trukker, a UAE-based business, experienced a 30% increase in its road shipments in March based on full truckloads.

The price for a barrel of Brent crude, the international standard, added 0.9% to $95.64. That’s still well above its roughly $70 price from before the war.

Caterpillar has acquired self-driving electric tractor startup Monarch Tractor, according to people familiar with the matter.

According to earnings filings published last week, 7-Eleven's North American operator plans to close 645 stores in the 2026 fiscal year.

Industrial metals have been whipsawed since the Middle East war erupted at the end of February. They were initially hit by fears of soaring energy costs.

National average diesel prices sat at $5.65 a gallon on April 13, more than 60 cents above their previous high-water mark for this time, set in 2022.

The IMF downgraded its forecast for global growth to 3.1% in 2026 from the 3.3% it had forecast back in January.