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 the previous day demanding that it halt strikes on its Gulf neighbors, with new attacks also reported in Kuwait and the United Arab Emirates.
Sirens wailed before dawn in Jerusalem as Israel intercepted incoming Iranian missiles, and loud booms were heard later in the day in another attack on the city.
Israel launched a “wide-scale wave of strikes” on Tehran and in Lebanon, where Israel says it is targeting Iran-linked Hezbollah militants, 11 people were killed in two early morning strikes.
Outdated intel likely led US to carry out deadly strike on Iranian elementary school, AP sources say
WASHINGTON (AP) — Outdated intelligence likely led to the United States carrying out a deadly missile strike on an elementary school in Iran that killed over 165 people, many of them children, in the opening hours of the conflict, according to a U.S. official and a second person briefed on findings of a preliminary U.S military investigation into the incident.
The bombing of the school and its casualties involving children has become a focal point of the war, and if ultimately confirmed to be at the hands of the U.S., would also stand among the highest civilian casualty events caused by the American military operations in the last two decades.
President Donald Trump initially blamed Iran for the attack, later said he wasn’t certain who was to blame, and then said he would accept the results of the Pentagon’s investigation. The issue took on added urgency on Wednesday after the New York Times first reported that a preliminary investigation found that the U.S. was responsible.
U.S. Central Command relied on target coordinates for the strike using outdated data provided by the Defense Intelligence Agency, according to the person familiar with the preliminary finding.
The agency did not respond to a request for comment.
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 4.5% to about $91 a barrel. Brent, the international standard, was trading 5.3% higher at about $97 per barrel.
Iran has escalated its attacks aimed at generating enough global economic pain to pressure the United States and Israel to end the war. But there was no sign the conflict was subsiding.
Iran has targeted oil fields and refineries in Gulf Arab nations and effectively stopped cargo traffic through the narrow Strait of Hormuz, through which a fifth of all traded oil passes.
Tornadoes kill 2 in northwestern Indiana and raze buildings in Kankakee, Illinois
KANKAKEE, Ill. (AP) — Major storms whipped up tornadoes that killed at least two people in northwest Indiana and leveled buildings in Kankakee, Illinois, authorities said Wednesday, as another round of rain, hail and strong winds made its way through the region.
Several intense supercell thunderstorms moved across northern Illinois and northwestern Indiana the previous day, including one responsible for at least four tornadoes, according to the National Weather Service office in Chicago.
The Newton County Coroner's office said Edward L. Kozlowski, 89, and his wife Arlene Kozlowski, 84, were killed when a tornado struck their home in Lake Village, in northwestern Indiana. The couple appeared to have been killed by blunt force trauma, the coroner's office said, and an autopsy was scheduled for Friday.
“They were wonderful, just really wonderful human beings,” son-in-law Steve Rehfeldt told CBS News in Chicago. “You know, tough old guy and sweet old lady.”
They left behind four children, seven grandchildren and great-grandchildren.
Epstein's longtime accountant testifies on his wealth and business ties
WASHINGTON (AP) — House lawmakers were digging into Jeffrey Epstein's sprawling financial portfolio on Wednesday as a committee deposed his former accountant and tried to understand his connections to some of the world's wealthiest men.
Richard Kahn, who worked closely with Epstein for years and now serves as an executor of his estate, appeared for the closed-door deposition on Capitol Hill. He told lawmakers that he had not personally seen evidence of Epstein's sexual abuse, but provided a fuller picture of how Epstein acquired his wealth. The wealthy financier made hundreds of millions of dollars over two decades, during which he struck up friendships with some of the world's most powerful men.
Kahn “was under the impression that Epstein made his money as a tax advisor and a financial planner,” said Rep. James Comer, the Republican chair of the House Oversight Committee. Lawmakers argued that a fuller picture of Epstein's finances could help the public understand how, for years, he was able to get away with trafficking and sexually abusing underage girls.
“Jeffrey Epstein's sex trafficking ring would not have been possible without Richard Kahn, who managed Epstein's money for years, authorized payments, including payments to victims and survivors,” said Rep. James Walkinshaw, D-Va., who added that Kahn told them he was unable to recall details of some of the transactions and communications that he was asked about.
Kahn has said that he was unaware of Epstein's sexual abuse and had not seen any of his victims.
Recommended for you
Trump administration kicks off new process to try to replace tariffs struck down by Supreme Court
WASHINGTON (AP) — The Trump administration on Wednesday opened a new trade investigation into manufacturing in foreign countries — an effort that comes after the Supreme Court struck down President Donald Trump’s previous use of tariffs by declaring an economic emergency.
Trump and his team have made clear that they’re seeking to replace the hundreds of billions of dollars in lost revenues after the Supreme Court’s February ruling by using different laws to establish new tariffs.
In this case, the administration is starting investigations under Section 301 of the Trade Act of 1974, which could eventually lead to new import taxes. But U.S. Trade Representative Jamieson Greer, in a Wednesday call with reporters, said he didn’t want to prejudge the outcome of the process.
“The policy remains the same — the tools may change depending on, you know, the vagaries of courts and other things," said Greer, stressing that the goal was to protect American jobs.
The start of the process to fully replace Trump’s prior tariffs could invite a return of much of the drama that rattled the global economy last year. The since-overturned tariffs led to new frameworks with U.S. trade partners — and it’s unclear what impact a new set of import taxes could have on those agreements. Greer described the trade frameworks as standing on their own and suggested they were separate from the new investigation.
Iran war has blocked the Strait of Hormuz, a vital oil choke point. Reopening it is a big challenge
PARIS (AP) — Gasoline prices are rising largely because of the Iran war's impact on the Strait of Hormuz, a crucial passageway for oil and gas from the Persian Gulf. The waterway off Iran's coast, now effectively closed, is so vital for the global economy that governments are working on blueprints to speedily reopen it to shipping when the shooting stops.
In Europe, French President Emmanuel Macron is leading an international effort to unblock the energy choke point, so that oil, gas and goods could flow freely again “when circumstances permit." He envisions countries using warships to escort tankers and container vessels through the strait when fighting is less intense, whenever that may be.
Former naval officers who have served in the Hormuz passage say vessels would be sitting ducks, with little room for maneuver in the strait's narrow shipping lanes, if foreign naval forces attempted to reopen the waterway before a cessation of hostilities.
“In today’s context, sending warships or civilian vessels into the Strait of Hormuz would be suicidal,” French navy retired Vice Adm. Pascal Ausseur said in an interview with The Associated Press.
A ceasefire agreement with Iran “would make the situation shift from suicidal to dangerous. At that point, military ships could be deployed. And then escort operations could begin," he said.
FACT FOCUS: The Trump administration is falsely claiming Jimmy Carter was against mail-in voting
The Trump administration is using a 20-year-old report to misrepresent former President Jimmy Carter's views on mail-in and absentee ballots as it pushes for federal legislation that would impose strict new proof-of-citizenship and photo ID requirements for voting ahead of the midterm elections.
On two successive days this week, President Donald Trump and White House press secretary Karoline Leavitt invoked the 2005 report by the Commission on Federal Election Reform while advocating for the Safeguard American Voter Eligibility, or SAVE America Act. The commission's co-chairs were Carter, a Democrat, and former Secretary of State James Baker, who held senior government positions in the administrations of three Republican presidents — Gerald Ford, Ronald Reagan and George H.W. Bush.
Trump and Leavitt falsely claimed that Carter was against the use of mail-in and absentee ballots because they can lead to fraud, a mischaracterization of the report's conclusions.
Here's a closer look at the facts.
TRUMP, at the Republican Members Issues Conference on Monday: “Jimmy Carter, the best thing he ever did, he headed a commission after he was president. It was the single best thing. And he did a thing on mail-in ballots. He said mail-in ballots should not be allowed because they are inherently dishonest.”
Trump visa changes squeeze rural schools relying on international teachers
Like many school systems facing teacher shortages, South Carolina’s Allendale County has looked overseas for help. A quarter of the teachers in the rural, high-poverty district come from other countries.
The superintendent praises the international educators — mostly from Jamaica and the Philippines — for their skill and dedication, but she is preparing to lose some of them as the Trump administration reshapes visa programs.
Facing higher visa sponsorship costs and uncertain immigration policies, Superintendent Vallerie Cave said it feels too risky to extend some international teachers whose contracts are up or bring on others.
“Some of my very best teachers are having to return to their countries,” Cave said.
For rural schools especially, President Donald Trump’s immigration crackdown is pinching a pipeline used widely to fill staffing shortages that worsened during the COVID-19 pandemic. Rural districts can struggle to attract American teachers to remote areas that lack plentiful housing, shopping and services such as health care, especially for lower salaries than some bigger districts offer.
State lawmakers rush to set rounding rules for when there are no pennies
Months after the last of the United States' 1-cent coins were pressed, some states are beginning to offer their own 2 cents on the penny problem by setting rounding guidance for cash purchases.
President Donald Trump announced early last year an end to penny production, saying it was wasteful. It cost 3.7 cents to make each 1-cent coin in 2024, according to the U.S. Mint. The move led to a shortage of pennies in cash registers last summer, forcing consumers and businesses to confront a penniless future in which making exact change would be difficult.
The Treasury Department has said it will continue circulating the roughly 114 billion pennies that exist for “as long as possible.” Pennies must still be accepted as payment.
One solution to the penny problem is rounding to the nearest nickel, using a practice called symmetrical rounding. If the final price, after taxes, ends in one, two, six or seven cents, payment in cash rounds down. For example, $1.91 or $1.92 becomes $1.90. If the price ends in three, four, eight or nine, cash payment rounds up. For $1.98 or $1.99, the consumer pays $2.
A bill introduced last year in Congress and passed out of the House financial services committee would apply symmetrical rounding across the country. U.S. Rep. Lisa McClain, R-Mich., said in an email the federal law is important to prevent a “confusing patchwork of state policies.”

(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.