An oil tanker, en route from Russia to China, was struck by a Houthi missile near the Red Sea, raising security and logistical concerns in critical shipping routes.

Texas power prices surged dramatically as a spring heat wave boosted demand to record levels, causing significant price fluctuations.

Volkswagen adjusts its electric vehicle strategy as market realities prompt a shift towards hybrid models amidst internal challenges and industry competition.

Ford's call for manufacturing cost-saving measures underscores the company's commitment to improving the financial health of its electric vehicle segment.

Chevrolet unveils plans to solidify its position in the electric vehicle market, targeting practicality and trust as key drivers.

The U.S. government's recent decision halts new leasing activities in the significant Powder River Basin, impacting coal production nationally.

A think tank researcher warns of the growing fragility of Russia's economy amidst geopolitical tensions and economic challenges.

The Biden administration announces a substantial increase in tariffs on Chinese electric vehicles, chips, and solar cells to address trade dynamics and competitive challenges.

President Biden enforces tariffs exceeding 100% on Chinese electric vehicles as a strategic maneuver to limit China's dominance in key industries.