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Oil prices turned lower on Thursday after the U.S. carried out fresh strikes on Iran, renewing concerns about supply disruptions in the Middle East.
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The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable and sophisticated electric vehicles.
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Choppy trading in stocks and bonds also reflected anxiety among investors about the war's effects on inflation and growth.
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A wave of U.S. attacks were followed by Iranian strikes, halting ship traffic in the Strait of Hormuz again. Oil prices rose sharply.
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;Resize=(620)) The price for a barrel of Brent crude oil, the international standard, rose to about $79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes also followed global markets on a downward trajectory.
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