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Global shares decline as oil prices soar amid fears about escalation in Iran

AP News 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...
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China sanctions Japanese lawmaker close to Takaichi over his ties to Taiwan

AP News TOKYO (AP) — China announced Monday that it is sanctioning a conservative Japanese lawmaker close to Prime Minister Sanae Takaichi, accusing him of “colluding with” separatists in Taiwan, the latest incident that underlines growing tensions between Tokyo and Beijing over the self-governed island.

China's Foreign Ministry said the sanctions include banning the entry of Keiji Furuya to China, including to Hong Kong and Macao, and prohibiting his activities with organizations and individuals in China, effective immediately.

Furuya heads a bipartisan Japan-Taiwan...
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Australian police kill a suspect 7 months after he allegedly shot 3 officers, killing 2

AP News MELBOURNE, Australia. (AP) — Australian police said they shot dead a man following a three-hour standoff on Monday, seven months after he was suspected of killing two police officers and seriously wounding a third in a remote forest region.

There had been no confirmed sightings of Dezi Freeman, 56, since he allegedly opened fire on police officers who came to serve a warrant at his home near Porepunkah in Victoria state northeast of Melbourne on Aug. 26 last year, Victoria’s Chief Commissioner of Police Mike Bush said on Monday.

A man believed to be Freeman was...
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Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress

AP News 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...
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Kosovo, one of Europe's poorest countries, struggles as Iran war drives up fuel prices

AP News 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...
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Top Stories

  • Global shares decline as oil prices soar amid fears about escalation in Iran
  • Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress
  • Australian police kill a suspect 7 months after he allegedly shot 3 officers, killing 2
  • 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
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