Trucking Industry Safety News

The price of Brent crude oil jumped 8% to $80.09 a barrel.

The IMF expects the U.S. economy — the world's largest — to grow a solid 2.3% this year, up from 2.1% in 2025 and unchanged from the April forecast. 

The higher year-over-year spending has been driven mostly by pricier jet fuel rather than a significant increase in how much of it airlines consumed.

As the deadly New World screwworm spreads through Texas, posing significant risk to the U.S. cattle herd, experts are still wondering how it got there.

The U.S. Treasury Department revoked a waiver that allowed the sale of Iranian oil in response to attacks on tankers in the Strait of Hormuz.

A two-page letter outlined precautions government agencies should take as the DEA prepares to downgrade marijuana’s Schedule I classification.

BP boosted jet fuel production at its European refineries by about 30% during the Iran conflict, helping the region avoid major shortages while millions of barrels were locked up in the Persian Gulf.

Shell’s trading update offers a first glimpse into how Big Oil fared in a quarter when crude prices hit their highest since the invasion of Ukraine in 2022.

Tehran, which has repeatedly declared that only its approved route through the strait is safe, is suspected of attacking other ships that have used another route close to the Omani shore.

 A Delta Air Lines flight and a high-flying firework reportedly came into contact in the sky above Chicago as the city celebrated the Fourth of July holiday.