Jack Ewing

LONG BEACH, Calif. — Tesla hasn't had a blockbuster new product since the Model Y sport utility vehicle went on sale in 2020.

Without the details of a formal agreement, it is unclear how soon normal shipping will resume and when oil prices will start to come down.

S&P 500 futures were up slightly in what may be a sign that investors and analysts are waiting to see if a deal is finalized.

The United States and Iran have reached a deal in principle that calls for the reopening of the Strait of Hormuz, a U.S. official said on Sunday. But the announcement left many questions unanswered, starting with how soon normal shipping through the strait could resume and when oil prices would begin to come down.

The company hasn’t had a blockbuster new product in years. But early reviews of the Tesla Semi suggest it could be a hit.

U.S. officials said Sunday that the United States and Iran had agreed in principle to a peace deal that would reopen the Strait of Hormuz. But final approval of a deal could take days.

Negotiations between the United States and Iran appeared to continue on Monday, but American and Iranian officials have offered conflicting accounts of the emerging agreement.

Oil prices fell sharply Monday after U.S. officials said the United States and Iran had agreed in principle to a peace deal that would reopen the

Oil Prices Fall Sharply on News of Possible Iran Deal

Going on holiday and want to drive an EV? Is that practical? This writer tried it in Costa Rica and had some interesting and instructive experiences