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Wall Street follows global markets lower as Iran war briefly pushes crude prices near $120 a barrel

Wall Street futures followed global markets lower early Monday and oil prices briefly spiked to nearly $120 per barrel as the Iran war intensified, threatening production and shipping in the Middle East.

Futures for the S&P 500, Nasdaq and Dow Jones Industrial Average all fell more than 1% before the opening bell after retreating more than 2% late Sunday.

Global markets also took a beating, with Japan’s benchmark Nikkei 225 index plunging more than 5% and markets across Europe losing between 2% and 3%.

Shares of major U.S. airlines continued their descent... Read More

Lebanese parliament extends term by 2 years as Israel intensifies attacks on Lebanon

BEIRUT (AP) — The Lebanese parliament extended its term by two years on Monday due to the U.S.-Israel war with Iran that has pushed the region into an escalating conflict and Israel stepping up its attacks on Lebanon following renewed strikes with the militant group Hezbollah.

The Israeli military said Monday it was targeting Hezbollah’s financial arm, al-Qard Al-Hasan, as its ground forces in Lebanon's south launched “focused raids” against what it called the group’s infrastructure.

Meanwhile, Human Rights Watch has accused Israeli forces of using white... Read More

AP Decision Notes: What to expect in Georgia's special congressional election

WASHINGTON (AP) — All political roads lead to Rome. Rome, Georgia, that is.

Or at least they will on Tuesday, when voters in Georgia’s 14th Congressional District will elect a replacement for former Republican U.S. Rep. Marjorie Taylor Greene, who resigned in January following a public rift with President Donald Trump.

Republicans hold a slender majority in the chamber, and a Democratic upset in a district Trump carried with 68% of the vote in 2024 would tighten the GOP margin even further.

A crowded field of 22 candidates initially filed to run for the... Read More

Energy prices soar to levels not seen in years as Iran names new supreme leader and digs in

Oil prices spiked near $120 per barrel before falling back Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets.

The price for a barrel of Brent crude, the international standard, surged to $119.50 per barrel early in the day but later was trading near $106 per barrel, up 14%, before the opening bell.

West Texas Intermediate, the light, sweet crude oil produced in the United States, soared above $119.48 per barrel but fell back closer to $103.

The war’s toll on civilian targets grew as... Read More

These lawmakers were shaped by combat after 9/11. Now they're grappling with a new Mideast war

WASHINGTON (AP) — As Congress responds to President Donald Trump's attack on Iran, lawmakers who served on the front lines of Iraq and Afghanistan are making their voices heard in a war debate that has taken on intensely personal meaning.

Many admit mixed feelings, taking satisfaction in seeing vengeance taken on the leadership of an Iranian regime that has targeted U.S. service members for decades, yet fearful that another generation of soldiers could soon face the same combat experiences that they did.

“Do I take gratification? You know there’s the Marine side... Read More

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Wall Street follows global markets lower as Iran war briefly pushes crude prices near $120 a barrel

Lebanese parliament extends term by 2 years as Israel intensifies attacks on Lebanon

AP Decision Notes: What to expect in Georgia's special congressional election

Energy prices soar to levels not seen in years as Iran names new supreme leader and digs in

These lawmakers were shaped by combat after 9/11. Now they're grappling with a new Mideast war

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