Oil Prices on Upswing as Iran War Drags On: TT Government

April 29, 2026

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Oil Prices on Upswing as Iran War Drags On

Brent crude to be delivered in July, which is where more of the trading is happening in the oil market, rose 2.7% to $104.40 on April 28. Read more…

TODAY’S CONTENT

M: THIS WEEK | T: SAFETY | W: GOVERNMENT | T: AUTONOMOUS | F: LOGISTICS

Trucker Challenges Arrest, ICE Detention After Traffic Stop

Jagdish Singh won a partial victory April 20 when a federal judge agreed the government violated his Fifth Amendment due process rights in arresting him. Read more…

US Says 15% of Tariff Refund Entries Denied So Far

Businesses and individuals paid the contested tariffs on approximately 53 million entries, according to information shared earlier by the government. Read more…

SPONSORED CONTENT

Scotseal X-treme HD Keeps Vehicles on the Road

Reliability is crucial in the world of heavy-duty vocational vehicles. When it comes to operating in harsh environments and demanding applications such as waste management, construction, mining, and forestry operations, vehicle equipment is constantly pushed to its limits. It’s these operating conditions that drive the development of the latest innovation from SKF Automotive: the Scotseal X-Treme HD seal. Read more…

Duffy Asks States to Identify Worst Traffic Bottlenecks

Transportation Secretary Sean Duffy is asking governors and mayors to identify their worst traffic bottlenecks to obtain federal assistance to ease congestion. Read more…

Trump Pursues Durable Tariffs After Supreme Court Rebuff

The Office of the U.S. Trade Representative will begin hearings in two investigations that are expected to lead to a new round of U.S. tariffs. Read more…

New York Sues USDOT Over $73.5M in Withdrawn Federal Funds

New York is suing USDOT, saying it lacks the authority to withhold $73.5 million in funding over what DOT said were noncompliance issues with state-issued CDLs. Read more…

Hormuz Loss of a Billion Barrels Is Set to Crash Oil Demand

The longer the strait stays closed, the more consumption is going to have to recalibrate lower to align with supply that has dropped at least 10%. Read more…

UAE Says It Will Leave OPEC May 1 in Blow to Oil Cartel

The move has been rumored for some time as the UAE chafed under production restrictions and increasingly had frostier relations with neighboring Saudi Arabia. Read more…

Florida Man Faces Federal Charges in Onion Cargo Theft

In total, produce and transportation costs resulted in losses of more than $600,000 to the victim companies, according to the U.S. Attorney’s Office. Read more…

Justice Department Eases Marijuana Classification

The U.S. Justice Department reclassified state-regulated marijuana as a less dangerous drug, a major shift that could dramatically increase legal cannabis sales. Read more…

Military Fuel Tenders Signal Shift From Hormuz-Linked Routes

A series of cargoes of military-grade fuel that is due to sail from the U.S. across the Pacific illustrates how far the Iran war has disrupted the oil supply chain. Read more…

Rerouted US Imports Avoiding Trump’s Tariffs Top $300B

About $300 billion worth of goods subject to U.S. tariffs are avoiding the levies annually and reaching the U.S. from Southeast Asia and Mexico. Read more…

NTSB Recommends Alcohol Detection Systems for School Buses

The NTSB recommended for the first time that all new school buses be equipped with alcohol detection systems that can disable the bus. Read more…

White House Extends Jones Act for 90 Days to Ease Oil Crunch

The Trump administration has given a 90-day extension to a shipping waiver making it easier to move oil, fuel and fertilizer around the U.S. Read more…

EDITOR’S PICK

Top 100 3PLs Adapt to Market Pressures, Trade Upheaval

The largest 3PLs in North America continued to face volatile business conditions last year, from compressed margins to tariff-driven supply chain upheaval. Read more…

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Oil Prices on Upswing as Iran War Drags On: TT Government

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