Where things stand after another weekend of war

Iran has named a son of its late supreme leader as his successor. U.S. President Donald Trump already had expressed disdain for Mojtaba Khamenei, calling him “unacceptable.” The Islamic Republic’s war strategy now has a new commander, and the powerful paramilitary Revolutionary Guard has pledged allegiance.

Japan Deploys First Home-Developed Long-Range Missile

TOKYO (AP) – Japan is preparing to deploy its first batch of domestically developed long-range missiles, with their launchers arriving at an army camp Monday as the country accelerates its offensive capability in response to rising challenges in the region.

Iran war sends shockwaves through African fuel market and economies

NAIROBI, Kenya (AP) – Surging oil prices triggered by the war with Iran are rippling across African economies, threatening higher fuel costs, rising inflation and renewed pressure on currencies across the continent.

Armed or unarmed? US and Iran spar over sunk Iranian warship

NEW DELHI (AP) – The United States and Iran have offered sharply different accounts of the sinking of an Iranian warship in the Indian Ocean last week, with Washington rejecting Tehran’s claim the vessel was unarmed and Iranian officials insisting it was operating in a noncombat role.

European countries on alert after blasts outside US Embassy in Oslo

BRUSSELS (AP) – Belgian Interior Minister Bernard Quintin said Monday that an explosion near a synagogue in the eastern city of Liege overnight was “a despicable antisemitic act” and that federal prosecutors were investigating, as several countries in Europe tighten security due to the war in the Middle East.

Fox News apologizes for showing old video of a hatless Donald Trump

Fox News apologized for airing old video of a hatless President Donald Trump during coverage Sunday of his attendance at the dignified transfer ceremony for U.S. soldiers killed in the Middle East war, insisting it was an honest mistake. In a polarized time, some online critics suggested without evidence that it wasn’t an error.

Anthropic sues Trump seeking to undo 'supply chain risk' designation

Anthropic is suing the Trump administration for what it calls an “unlawful campaign of retaliation” against the artificial intelligence company over its refusal to allow unrestricted military use of its technology. Anthropic asked federal courts on Monday to reverse the Pentagon’s decision last week to designate the artificial intelligence company a ” supply chain risk.”

 

Crude oil prices spike as Iran war threatens both transport routes

Oil prices continued to soar on Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets. The price for a barrel of Brent crude, the international standard, surged to as high $119.50 per barrel early in the day but later was trading above $101 per barrel, up 9%.

Hungary will set a price cap on gasoline and diesel, Orbán says

BUDAPEST, Hungary (AP) – Hungary’s government will introduce a price cap on gasoline and diesel at fueling stations beginning at midnight local time, Prime Minister Viktor Orbán announced on Monday.