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Vue lecture

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U.S. and Allies Agree to Release Diesel Reserves as Prices Soar

The Group of 7, which includes Britain, France and Japan, announced the release of 100 million barrels over four months, effective immediately.

© Hilary Swift for The New York Times

The release of diesel and crude oil is designed to “stabilize immediate energy supplies,” the Group of 7 countries said in an announcement.
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Sales of Hulking Pickups and S.U.V.s Sag as Fuel Prices Soar

Sales of big pickup trucks and sport utility vehicles have dipped as more Americans buy hybrids and smaller cars.

© Rebecca Cook/Reuters

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.
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Coast Guard Says It Stopped Ships Carrying Fuel to Cuba

The Coast Guard has intercepted two small boats it says were carrying illegal fuel to Cuba as the United States enforces a fuel blockade aimed at Cuba’s Communist government.

© Kevin Dietsch/Getty Images

“The high seas are not a sanctuary for lawlessness,” Coast Guard Commandant Admiral Kevin Lunday, said of the seizure of boats.
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Truckers Are ‘Just Trying to Hang On’ When a Fill-Up Tops $1,000

Truckers are among the hardest hit by the soaring cost of diesel fuel. High prices are forcing some to stay on the road for months and others to park their rigs.

© Hilary Swift for The New York Times

The price of diesel fuel has skyrocketed, turning a fill-up into an $1,000-a-tank ordeal.
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Oil Flows Are Up, but Iran Is Still Menacing the Strait of Hormuz

Iran has been launching drones and missiles at commercial ships in the waterway each week, though it has often failed to strike its targets, according to a Western security official.

© Tomas Munita for The New York Times

Ships in the Persian Gulf, near the Strait of Hormuz, in July. Oil exports from the Middle East have rebounded in recent weeks.
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