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Those fossil fuel savings are expected to increase every year for the rest of the decade as more drivers turn to battery-powered vehicles.

The Labor Department reported March 18 that its producer price index rose 0.7% from January, and 3.4% from February 2025. 

The president on March 18 authorized foreign-flagged vessels to transport a range of commodities between U.S. ports for the next 60 days.

The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide.

The shipping disruption has largely stopped the export of nitrogen fertilizers made in the Persian Gulf and limited access to fertilizer ingredients.

Iran has threatened it won't allow “even a single liter of oil” destined for the U.S., Israel and their allies to pass through Strait of Hormuz.

The moves include issuing more individual licenses allowing foreign companies to work in Venezuela without violating U.S. sanctions.

“We’re resetting the meeting,” Trump said March 17 at the White House during a sit-down with the Irish prime minister. “[China was] fine with it.” 

The spike in oil and gas prices presents already-divided Federal Reserve officials with a worst-case scenario as they conclude a key meeting March 18.

Hyundai Translead CEO Sean Kenney noted that more than 500 customer locations are within a 100‑mile radius of the planned facilities in Will County.