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Global shares decline as oil prices soar amid fears about escalation in Iran
TOKYO (AP) — Asian shares mostly dipped Monday, as worries continued about soaring oil prices and the potential for further escalation in the U.S. war with Iran, but shares rose moderately in Europe in early trading. U.S. futures were also higher.France's CAC 40 edged up 0.2% in early trading to 7,716.30, while Germany's DAX added 0.1% to 22,344.39. Britain's FTSE 100 added 0.8% to 10,041.91.
U.S. shares were set to drift higher with Dow futures gaining 0.4% to 45,625.00, while the S&P 500 futures rose 0.5% to 6,445.00. Wall Street finished last Friday with deep... Read More
Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress
DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump openly mused about seizing Iran’s Kharg Island oil terminal in the Persian Gulf and the United States and Israel kept up their attacks Monday on the Islamic Republic, even as there were signs of progress in nascent ceasefire talks. Tehran, meanwhile, struck a key water and electrical plant in hard-hit Kuwait, part of its campaign targeting the Gulf Arab states.As a diplomatic effort being facilitated by Pakistan toward ending the war moved ahead, Trump said Iran had agreed to allow 20 oil tankers through the... Read More
Kosovo, one of Europe's poorest countries, struggles as Iran war drives up fuel prices
PRISTINA, Kosovo (AP) — Kushtrim Ajvazi is proud to be part of a successful business in one of the poorest countries in Europe. The company where he is a manager produces potato chips and other snacks that can be found in almost every shop in Kosovo and are exported abroad.But Ajvazi's company faces unplanned challenges because of a steep rise in fuel prices caused by the war in Iran, whose ripple effects have reached this small corner of southeastern Europe.
The Pestova company has nearly 100 acres of potato fields in eastern Kosovo that are used to make the potato... Read More
Israeli parliament to vote on death penalty for Palestinians convicted of murdering Israelis
JERUSALEM (AP) — Israel’s parliament is set to vote on a bill that would make the death penalty the default punishment for West Bank Palestinians convicted of murdering Israelis.The parliament began debate on Monday, days before its spring recess. The bill’s passage would mark the culmination of a yearslong push by Israel’s far-right to escalate punishment for Palestinians convicted of nationalistic offenses against Israelis — and victory for Israel’s firebrand minister of national security, Itamar Ben-Gvir, leader of the religious party that introduced the... Read More
The Latest: Trump suggests US could take Iranâs Kharg Island
U.S. President Donald Trump has raised the idea of American forces seizing Iran’s Kharg Island, its main oil terminal in the Persian Gulf.“Maybe we take Kharg Island, maybe we don’t. We have a lot of options,” Trump told the Financial Times in an interview Monday. “It would also mean we had to be there (on Kharg Island) for a while.”
Iran has threatened to mine the Persian Gulf if its territory is invaded. The United States and Israel kept up their attacks Monday on the Islamic Republic, even as there were signs of progress in nascent ceasefire talks. Iran... Read More
Top Stories
- Fire seen near Israeli oil refinery after Iranian missile attack
- Global shares decline as oil prices soar amid fears about escalation in Iran
- Australian police fatally shoot a suspect in a 3-hour standoff after 2 officers killed
- China resumes direct flights to North Korea after 6 years
- The Final Four is set as UConn stuns Duke to join Illinois, Arizona and Michigan
- Trump says he has 'no problem' with Russian oil tanker bringing relief to Cuba despite blockade
- Pakistan says it will host US-Iran talks, while Iran warns US ground troops would be 'set on fire'
- Mullins Madness! Freshman's 35-footer gives UConn a 73-72 win over Duke and a Final Four spot
- Israeli police prevent Catholic leaders from celebrating Palm Sunday Mass at Jerusalem church
- Yaxel Lendeborg and deep, unselfish Michigan roll into the Final Four, beating Tennessee 95-62
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Entertainment
- Thieves steal paintings by Renoir, Cézanne and Matisse from Italian private museum
- 'Project Hail Mary' flies to $54.5 million second weekend, horror reaches a saturation point
- Spain begins Holy Week with processions, palm branches and familiar faces
- Disney opens World of Frozen at renamed Paris park in 2 billion euro expansion
Sports
- St. John's athletic director says coach Rick Pitino has signed new deal with contract extension
- Mariners pitcher Emerson Hancock tosses 6 no-hit innings in 8-0 win over Guardians
- The Final Four is set as UConn stuns Duke to join Illinois, Arizona and Michigan
- Sinner follows Sabalenka's lead with a 'Sunshine Double,' beating Lehecka in Miami Open final