GOOLSBEE said tariff- and war-related price increases pose a challenge for the Federal Reserve.

Nikkei reports Japan's Terra Charge will roll out Tesla-compatible electric-vehicle charging stations.

An Iranian industry association chief told state news agency IRNA that despite a US maritime blockade Iran has no domestic commodity shortages, but is facing sharply higher prices driven by logistics disruptions and longer, costlier rail and road routes. He said the war has placed heavy strain on the economy. Washington’s new round of sanctions announced on Monday pushed the rial to a record low against the US dollar.