President Donald Trump said the U.S. would provide insurance guarantees and naval escorts to ensure safe passage for oil tankers and other vessels through the Strait of Hormuz, intending to head off a potential energy crisis caused by the war …
Carmakers Bank on $2.3B in Future Tariff Refunds
Some automakers this week got a first-quarter profit boost—at least on paper—from future refunds of tariff payments they made to the U.S. government, risking potential