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Stopgap measures aren't enough to halt rising gas prices as the world scrambles for more oil

NEW YORK (AP) — Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war, which took a record amount of oil off the market when tankers full of crude were stranded in the Persian Gulf and military strikes damaged refineries, pipelines and export terminals.

Hoping to ease some pain for consumers, President Donald Trump and other heads of state have been pulling on various levers, launching more oil on the market in a bid to calm the chaos.

A group of 32 nations that are members of the International Energy Agency... Read More

Iran hits Kuwait airport and a tanker off Qatar while strikes batter Tehran ahead of Trump speech

DUBAI, United Arab Emirates (AP) — Iran hit an oil tanker off the coast of Qatar and Kuwait’s airport on Wednesday while airstrikes battered Tehran — an unrelenting tempo hours after U.S. President Donald Trump said he was nearly ready to wind down the war.

Trump, who is scheduled to address the nation later in the day, said he could walk away from the war in two to three weeks once he felt confident Iran would not be able to build a nuclear weapon — even if Tehran does not agree to a ceasefire.

That raised the possibility that the U.S. could withdraw without... Read More

Oil falls and world shares jump on renewed hopes of Iran war ending

HONG KONG (AP) — World shares were higher and oil fell briefly below $100 per barrel on Wednesday after U.S. stocks soared to their best day in almost a year on renewed hopes that the Iran war could soon end.

The renewed optimism over a possible de-escalation of the Iran war, which is in its fifth week, came after U.S. President Donald Trump said on Tuesday the United States will be done attacking Iran probably in two to three weeks, and that the U.S. “will not have anything to do with” what happens next in the Strait of Hormuz.

In early European trading,... Read More

Chang Ung, North Korean ex-IOC member who brokered Olympic joint marches with South, dies

SEOUL, South Korea (AP) — Chang Ung, a former North Korean member of the International Olympic Committee who once led sports exchanges with rival South Korea, including joint marches of their athletes at the Olympics, has died, the IOC announced Wednesday. He was 87.

The IOC said on its website that it had learned with “extreme sadness” of Chang’s death on Sunday. It said the Olympic flag will be flown at half-mast for three days at the Olympic House in Lausanne, Switzerland.

The IOC statement didn't describe the cause of Chang's death. North Korea’s state... Read More

Amsterdam celebrates 25 years since the world's first same-sex weddings

AMSTERDAM (AP) — The Dutch capital marked the 25th anniversary of the world's first gay marriages with three same-sex couples tying the knot at City Hall early Wednesday.

The celebration, conducted by Mayor Femke Halsema just after midnight, came a quarter of a century after one of her predecessors, Job Cohen, married four couples in a landmark ceremony for LGBTQ+ rights that paved the way for similar legislation in nearly 40 countries around the world.

Same-sex weddings are commonplace now in the Netherlands. Since 2001, more than 36,000 same-sex couples have... Read More

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Stopgap measures aren't enough to halt rising gas prices as the world scrambles for more oil

Iran hits Kuwait airport and a tanker off Qatar while strikes batter Tehran ahead of Trump speech

Oil falls and world shares jump on renewed hopes of Iran war ending

Chang Ung, North Korean ex-IOC member who brokered Olympic joint marches with South, dies

Amsterdam celebrates 25 years since the world's first same-sex weddings

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