Sales of the Chevrolet Silverado were up, but the growth came from a light-duty version of the truck. Sales of heavy-duty Silverados slumped as Americans shift away from full-size pickups and S.U.V.s.
A reduction in refineries has already driven the price of diesel to record highs, threatening economies. An U.S. export ban would be “tremendous shock and blow.”
Workers unloading produce in Manila, where soaring global diesel prices are driving up transport costs and pushing everyday food prices out of reach for consumers.
Prime Minister Sanae Takaichi is making it harder for immigrants to stay in the country. Critics say she is hurting Japan’s ability to address labor shortages.
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