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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.

When Meg O’Neill takes over BP on April 1, Big Oil’s first female CEO will benefit from a war-driven surge in prices — but inherit a tough cleanup job.

Oil declined March 31 after Iran and the U.S. signaled openness toward a resolution in the conflict that’s upended global energy shipments.

Diesel trucks with refrigerated loads are now paying more to haul a trailer to its destination and to keep the transport refrigeration unit running.

The companies announced that they have signed a nonbinding memorandum of understanding outlining Toyota’s intention to become Cellcentric's third shareholder.