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US stocks fall as Brent crude jumps toward $110 per barrel
NEW YORK (AP) — U.S. stocks are sinking Wednesday after another climb for oil prices raised worries about inflation, which may have been primed to worsen even before the war with Iran began.The S&P 500 fell 0.5% and was on track for its first loss this week. The Dow Jones Industrial Average was down 377 points, or 0.8%, as of 11 a.m. Eastern time, and the Nasdaq composite was 0.5% lower.
Stocks fell under the pressure of a 6.2% climb for the price of a barrel of Brent crude, the international standard, to $109.84. Benchmark U.S. oil rose 2.3% to $97.70 per barrel.
Pakistan announces pause in strikes on Afghanistan, 2 days after deadly Kabul airstrike
KABUL, Afghanistan (AP) — Pakistan announced a pause in strikes against Afghanistan Wednesday, saying the decision was made ahead of the Muslim holiday of Eid al-Fitr at the request of Saudi Arabia, Qatar and Turkey.The announcement came two days after Afghan officials said an airstrike by Pakistan hit a drug rehabilitation hospital in Kabul and killed hundreds of people. Authorities in Kabul held a mass funeral Wednesday for some of the victims of the strike.
Pakistan has rejected Afghanistan’s accusation that it targeted the Omid Addiction Treatment Hospital,... Read More
The Latest: Iran confirms killing of intelligence minister as Israel keeps targeting leaders
Israel’s defense minister said Wednesday that the military killed Iranian Intelligence Minister Esmail Khatib. Khatib’s killing follows Israel killing top Iranian security official Ali Larijani and the head of the paramilitary Revolutionary Guard’s all-volunteer Basij force.Also on Wednesday, Iran launched strikes toward Israel and neighboring Gulf countries, with explosions heard in the United Arab Emirates and Qatar and interceptions reported in Saudi Arabia.
The attacks came hours after Iranian state media confirmed Israel’s military killed top Iranian... Read More
Both sides in Iran war ratchet up attacks on energy facilities, as oil prices surge
DUBAI, United Arab Emirates (AP) — Israel kept up its campaign of targeting Iran’s leaders on Wednesday, killing the country’s intelligence minister, and an Iranian offshore natural gas field was struck in a sign of the war’s mounting pressure – from both sides -- on the region’s economic lifeblood: energy.Iran has been taking aim at its Gulf Arab neighbors’ energy facilities since the war started on Feb. 28, and has made the Strait of Hormuz shipping channel — through which one-fifth of the world's oil travels — nearly impassable. On Wednesday, Iran struck a... Read More
Decades after a Florida canal project was abandoned, advocates are trying to reunite 3 rivers
PALATKA, Fla. (AP) — It was supposed to be Florida's version of the Panama Canal — a shortcut for boats to pass through the middle of the state from the Atlantic Ocean to the Gulf instead of navigating around the peninsula. But work on the Cross Florida Barge Canal was stopped in 1971 over environmental concerns.Since then, a dam and reservoir built for the aborted canal in northeast Florida has drowned a chunk of the Ocala National Forest, put 20 springs underwater and disrupted wildlife crossings, including some used by migrating manatees.
Every couple of years,... Read More
Top Stories
- Pakistan announces pause in strikes on Afghanistan, 2 days after deadly Kabul airstrike
- US stocks fall as Brent crude jumps toward $110 per barrel
- Both sides in Iran war ratchet up attacks on energy facilities, as oil prices surge
- US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war
- Trump will pay his respects in Delaware to 6 US service members killed in the Middle East
- Mullin tells senators Homeland Security needs funding as he faces confirmation hearing
- Top US intelligence officials are facing tough questions about the Iran war and threats at home
- Trump's failed strong-arming of allies on Iran shows that pressure is losing its effect
- French bulldog frenzy may be cooling in US, but dachshunds are riding high
- Trumpâs tariffs are hurting American manufacturers instead of helping them
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Entertainment
- In âMarc by Sofia,â a portrait of a fashion luminary: 'There was no off limits'
- Former reality TV star Jessie Holmes repeats as champion of the grueling Iditarod sled dog race
- Zendaya's new ring fuels notion that she and Tom Holland are married
- Oscar ratings fall 9% in Conan OâBrienâs second year hosting
Sports
- Former reality TV star Jessie Holmes repeats as champion of the grueling Iditarod sled dog race
- MLB teams pressure WBC managers to be careful with pitchers. Venezuela pushed back
- No. 1 seed South Carolina resets for March Madness run after SEC title game stumble
- WNBA and players union have reached an agreement in principle on a transformational new CBA


