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• Oil prices increased $2.35 to $68.60 per barrel, with Brent futures jumping 3.5 percent in early trading, following a U.S. airstrike in Iraq that killed Iranian Maj. Gen. Qassem Soleimani. Brent futures rose to levels similar to those after the September attacks on oil facilities in Saudi Arabia. (Bloomberg)

• Oil companies in the Middle East began increasing security following Iran’s vow to retaliate against the United States for Soleimani’s death. Exxon Mobil Corp., which has facilities in southern Iraq, said it is monitoring the situation and has measures in place to protect its workers, while Chevron Corp., which has operations in Iraqi Kurdistan, said employee and facility safety is a priority. (The Wall Street Journal)

• Tesla Inc. delivered 112,000 cars in the fourth quarter of last year, bringing its 2019 delivery total to 367,500, and produced a record 104,891 vehicles during the quarter. Analysts said Tesla could deliver up to half a million cars this year. (The New York Times)