European allies at the G7 summit in France disagree with President Trump's assertion that the Strait of Hormuz can reopen by June 19.

The Strategic Petroleum Reserve, created after the Arab oil embargo of the early 1970s, has dropped to a near-record low of roughly 340 million barrels, according to Energy Department data. 

Factory output was little changed in May after an upwardly revised 0.7% advance in April, Federal Reserve data showed. Total industrial production, which includes output of utilities and mining, rose 0.1%.

FMCSA is removing obsolete rules from its trucking regulations, aiming to reduce compliance costs and paperwork without affecting safety.

Often, a successful exit depends on recognizing when buyer behavior begins to shift, and acting before competing sellers return to the market, says Bluejay Advisors' Reid Stack.

Even once there is more clarity on the resumption of trade through the waterway, market watchers expect movement of fertilizer to be gradual as hundreds of vessels stranded in the region compete for access.

Waymo Premier includes priority pickups, 10% cash back on every trip in the form of ride credits, early access to Waymo in new cities and up to five free cancellations per month.

The separation of the division will allow Eaton to focus on its electrical and aerospace businesses, which are benefiting from the AI-driven data center boom.