Malaysia says Iranian oil transfers near its waters exploit a maritime loophole

KUALA LUMPUR, Malaysia (AP) – Malaysia ‘s maritime agency says Iranian-linked tankers are exploiting “jurisdictional gaps” to conduct ship-to-ship transfers of sanctioned oil near its waters, rejecting allegations that authorities ignored a long-running trade allowing Iran to evade U.S. sanctions.

US Inflation surged 3.8% last month as Iran War pushes gasoline prices higher

WASHINGTON (AP) – US consumer prices climbed a sharp 3.8% last month as the 10-week war with Iran continues to push gasoline prices higher. The Labor Department's consumer price index rose 3.8% from April 2025, the biggest jump in three years, and up from a 3.3% year-over-year gain in March.

OpenAI chief Sam Altman makes a high-stakes appearance in court

OAKLAND, Calif. (AP) – OpenAI CEO Sam Altman began testifying Tuesday in his feud with Elon Musk, taking the stand to defend himself at a trial that has featured disparaging commentary about his leadership at a pivotal time for the ChatGPT maker.

Editorials from The Washington Post, The New York Times, Wall Street Journal and others

Excerpts from recent editorials in the United States and abroad:

eBay rejects GameStop's $56 billion takeover offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon.

Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply

BANGKOK (AP) – Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia.

Ship operator and employee charged over Baltimore bridge collapse

BALTIMORE (AP) – Federal prosecutors announced criminal charges Tuesday in the 2024 collapse of Baltimore’s Francis Scott Key Bridge, accusing a Singapore-based ship operator and a senior employee of making critical decisions that caused a vessel to crash into the span, killing six people, and covering up what happened.

Musk, Cook and other US executives join Trump on trip to China

Prominent U.S. executives from Big Tech to agriculture have been invited to join President Donald Trump on his trip to China this week, according to a White House official.

Brazil says the EU has moved to block its animal product exports

SAO PAULO (AP) – Brazil said Tuesday that the European Union has moved to block its animal product exports from September, just days after a mega deal between the South American trade bloc Mercosur and the EU on a trans-Atlantic market estimated at $22 trillion went into effect, at least provisionally.