The decisions that American car buyers make in the coming weeks and months may prove to have long-term significance for the US electric vehicle market. Gasoline has reached $3.90 per gallon nationally — the highest average in nearly three years — as the Iran conflict disrupts global oil supplies and raises the cost of fuel-dependent transportation. EV searches have already risen 20 percent since...
Iran's refusal to reopen the Strait of Hormuz shipping lanes is keeping US oil prices elevated as the conflict enters its third week, with fresh price increases expected Monday. Petroleum analyst Patrick De Haan has projected pump prices of $3.80 to $3.85 per gallon, while $4 gasoline remains a realistic near-term scenario. The strategic blockade has become the single most disruptive element of the...
Liverpool has been chosen as the site for Chinese carmaker Chery's European research and development headquarters, bringing European commercial vehicle operations to Merseyside. The...
EasyJet's chief executive has characterized European Union baggage proposals as undermining decades of aviation industry progress toward more efficient and consumer-friendly operations.
The legislative initiative...
The European Parliament has taken decisive action by suspending the US trade agreement ratification process in response to President Trump's threat of 10% tariffs...
Monday's financial markets experienced dramatic movements as precious metals achieved extraordinary price milestones while forecasters emphasized expectations for delayed rather than cancelled tariff implementation....
Even supporters are questioning the mechanics of Donald Trump’s new 10% cap on credit card interest rates. Investor Bill Ackman, a Trump ally, called...
President Trump's proclamation that US oil companies are ready to invest billions in Venezuela has generated remarkably little public support from the energy industry....
The petroleum sector closed 2025 with its most dramatic yearly downturn since the pandemic struck, recording losses approaching 20%. The oil industry confronts an...
