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Oil prices rise sharply after attacks in Middle East disrupt global energy supply
NEW YORK (AP) — Oil prices rose sharply Monday as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf sent disruptions through the global energy supply chain.Traders were betting the supply of oil from Iran and elsewhere in the Middle East would slow or grind to a halt. Attacks throughout the region, including on two vessels traveling through the Strait of Hormuz, the narrow mouth of the Persian Gulf, have restricted countries’ ability to export oil to the rest of the world. Prolonged attacks would likely... Read More
FBI investigates Texas bar shooting that killed 2 and wounded 14 as possible terrorist act
AUSTIN, Texas (AP) — A gunman wearing clothes with an Iranian flag design and the words “Property of Allah” killed two people and wounded 14 early Sunday at a Texas bar, a law enforcement official told The Associated Press. The FBI is investigating the shooting, which erupted a day after the U.S. and Israel launched an attack on Iran, as a potential act of terrorism.Police in Austin shot and killed the gunman, who used both a pistol and a rifle to carry out the attack, police said.
The shooting happened outside Buford’s Backyard Beer Garden just before 2 a.m... Read More
US futures and Asian shares open lower, oil prices soar as US and Israel attack Iran
BANGKOK (AP) — The U.S. and Israeli attacks on Iran rattled world markets on Monday, with U.S. futures falling more than 1% and oil prices soaring, though gains for defense contractors and oil companies helped limit losses in Asian trading.The future for the S&P 500 sank 1.4% while the contract for the Dow Jones Industrial Average was down 1.2%.
Shares did fall in most Asian markets but they rose in Shanghai, where higher oil prices lifted some oil company stocks such as CNOOC, China Petroleum & Chemical and PetroChina to the 10% limit.
The Shanghai... Read More
The Latest: Iranian-backed militias join fight as war on Iran widens
Iran fired missiles at Israel and Arab states Monday and the war expanded to include militias Tehran backs in the Middle East with an attack by Hezbollah on Israel, which struck back against the group in Lebanon and with the United States pounded targets in Iran.As the American and Israeli airstrikes kept hitting the country, top Iranian security official Ali Larijani said on X: “We will not negotiate with the United States.”
Trump, who a day earlier had encouraged Iranians to “take over” their government, signaled Sunday that he was open to dialogue with... Read More
Blow after blow to the power of Iran and its proxy militias set the stage for US-Israel attacks
As Israel unleashed a sweeping military response to the brutal Oct. 7, 2023, assault by Hamas, it aimed punch after punch at the power of Iran, the militant group’s longtime sponsor, and its other proxies and allies in the region.The result has been a rapid and systematic degradation of Iran’s clout across the Middle East over the past 2½ years, a seismic change that led directly to this weekend’s devastating attacks on Iran by the United States and Israel.
“Certainly the Oct. 7 events were a turning point in this long conflict between Iran and Israel,” said... Read More
Top Stories
- FBI investigates Texas bar shooting that killed 2 and wounded 14 as possible terrorist act
- US futures and Asian shares open lower, oil prices soar as US and Israel attack Iran
- War widens to include Iranian-backed militias as Israeli and American planes pound Iran
- Rev. Jesse Jackson returns home to South Carolina to lie in state
- 'Sinners' takes top prize at the Actor Awards, setting up an Oscar showdown
- US and Israel pound Iran as Trump signals willingness to talk to new leaders after Khamenei's death
- Gaza's ceasefire had some momentum. Now, some fear a new war will distract the world
- Some celebrate in Iran after supreme leader's death, but deep fear and uncertainty remain
- Dubai's image as a safe, tax-free haven is rocked by blasts from Iranian airstrikes
- Stranded travelers scramble to make new connections as war shuts much of Middle East to air travel
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Entertainment
- Q&A: K-pop girl group Twice exploded in the last decade. Then 'KPop Demon Hunters' came calling
- 'Sinners' takes top prize at the Actor Awards, setting up an Oscar showdown
- Catherine O'Hara wins posthumous award for 'The Studio' at Actor Awards
- 'Scream 7' opens with a franchise-best $64.1 million in box-office win for Paramount
Sports
- Colorado quarterback Dominiq Ponder dies in a single-car crash at age 23, police say
- Infantino suggests players could be sent off for covering their mouths in confrontation
- Lindsey Heaps and Jaedyn Shaw score as USWNT blanks Argentina 2-0 in SheBelieves Cup
- Tyler Reddick makes NASCAR history at COTA with 3rd straight win to start the season