facilities

Oil costs soar after Israel strikes vitality services in Iran

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Oil costs soar after Israel strikes vitality services in Iran

Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Crude oil futures jumped more than 3% Sunday after Israel struck two natural gas facilities in Iran, raising fears that the war will … Read more

GM to speculate $4B in 3 U.S. services over subsequent 2 years because it ramps up gas-powered automobiles

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GM to speculate B in 3 U.S. services over subsequent 2 years because it ramps up gas-powered automobiles

General Motors said on Tuesday it is planning to invest about $4 billion USD over the next two years at three U.S. facilities in Michigan, Kansas, and Tennessee as it moves to boost production of gas-powered vehicles amid slowing electric vehicle demand. The company said it will begin production of gas-powered full-size SUVs and light-duty … Read more