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Iran's unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring

DUBAI, United Arab Emirates (AP) — Unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to the war in sight.

Iran hit a container ship off the coast of Dubai, caused a blaze near Bahrain's international airport, targeted a major Saudi oil field with a drone and forced Iraq to halt operations at all of its oil terminals after attacking its port of Basra on the Persian Gulf.

Iran flouted a U.N. Security Council resolution from... Read More

China adopts an ethnic unity law that critics say will cement assimilation

BEIJING (AP) — China adopted a sweeping law Thursday to promote what it calls “ethnic unity,” a measure that critics say would further erode the rights of some minority groups as authorities cement a push toward assimilation.

The law, approved by the country's ceremonial legislature, is designed to foster “a stronger sense of community among all ethnic groups in the Chinese nation,” said Lou Qinjian, a delegate to the National People’s Congress who introduced the proposal to the whole body.

The proposed law lays out the need to promote ethnic unity by all... Read More

Verstappen sees 'a jungle' in F1 but still hopes for 'simple solutions'

SHANGHAI (AP) — Max Verstappen's blunt assessment: “It's a jungle” in Formula 1.

The four-time F1 world champion isn't a fan of the new 2026 technical regulations, despite working his way up from No. 20 on the grid to place sixth at the season-opening Australian Grand Prix last weekend.

Verstappen predicted his Red Bull probably couldn’t go any higher than fifth place this weekend in the Chinese Grand Prix — even if he starts much closer to the front in Sunday's race in Shanghai — because of the big gap between Mercedes and Ferrari and all the other... Read More

China positions itself as force for global stability at its annual Congress

BEIJING (AP) — While much of the world’s attention is on the Iran war, that hasn’t stopped China from moving ahead with national priorities with global repercussions.

Not that China doesn’t care about the war and its impact on energy supplies and geopolitics. But for the world's second largest economy, its growing rivalry with the United States revolves around a different battle: the development of the cutting-edge technologies shaping the 21st century.

That message came through in a five-year plan formally endorsed Thursday by the National People's Congress at... Read More

Brent crude oil briefly tops $100 a barrel as Iran attacks on shipping worsen supply concerns

BANGKOK (AP) — The price of a barrel of Brent crude oil briefly topped $100 a barrel early Thursday, just days after it spiked near $120 in the latest jolts to financial markets and the global economy as a whole.

Oil prices initially shot more than 9% higher as supply concerns worsened with Iranian attacks on commercial shipping around the Strait of Hormuz. The U.S. campaign of airstrikes in Iran is now in its 13th day.

U.S. benchmark crude oil jumped 6.5% to about $93 a barrel. Brent, the international standard, was trading 6.6% higher at about $98 per barrel. Read More

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Iran's unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring

China adopts an ethnic unity law that critics say will cement assimilation

Verstappen sees 'a jungle' in F1 but still hopes for 'simple solutions'

China positions itself as force for global stability at its annual Congress

Brent crude oil briefly tops $100 a barrel as Iran attacks on shipping worsen supply concerns

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